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valkas [14]
3 years ago
12

How can gross interest income rise while the net interest margin remains somewhat stable for a particular bank?

Business
1 answer:
Alecsey [184]3 years ago
4 0

Answer:

A bank acts like an intermediary between depositors and creditors. If the market interest rates increase, gross interest income will rise, but all gross interest expense. They will charge higher rates to borrowers, but also must pay higher rates to depositors. The spread probably remains unchanged because both sides increased.

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The following information has been obtained from the Myers Corporation: 300,000 shares of common stock were outstanding on Janua
dlinn [17]

Thus, the weighted average<em> number of shares</em> that Myers Corporation will use in the calculation of diluted earnings per share for 20X1 is 386,500.

Data and Calculations:

<u>Date of Issue</u>                 <u>No. of Share</u>    Weight      Weighted-Average

Outstanding, Jan.1           300,000         12/12                300,000

February 1                           48,000         11/12                   44,000

August 1 (Treasury stock) (18,000)         5/12                     (7,500)

Jan. 1 (Stock options)        50,000        12/12                    50,000

Weighted average number                                           386,500

In calculating the weighted average number of shares, the weight of each share issuance is dependent on the <em>number of months</em> that it has remained <em>outstanding</em>.

Thus, the weighted average<em> number of shares</em> that Myers Corporation will use in the calculation of diluted earnings per share for 20X1 is 386,500.

Learn more: brainly.com/question/25749153

7 0
3 years ago
While working at his factory job, joe slipped on the wet floor. he went to the doctor where they told him he broke his ankle. wh
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Worker's Compensation, because the injury occurred by an employee in the course of performing their job.

4 0
4 years ago
A report that shows the financial picture of a company at a given time and itemizes assets, liabilities, and stockholders' equit
Allisa [31]

Answer:

Balance sheet is the correct answer because it tells about the worth of company, its assets, shareholders funds (Equity) and amount borrowed by the company (Liability). Balance sheet is also known as Statement of Financial Position (SOFP)

All the other options tells about the earnings and costs of the company not about the assets and liabilities of the company.

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3 years ago
In a command economy, how are the prices of goods and services determined?
FrozenT [24]

Answer:

C

Explanation:

Market forces and of supply and demand

8 0
4 years ago
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Answer:

tifijf

Explanation:

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3 years ago
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