Which of the following factors will increase the profit before tax % of a bank? Please select all that apply.

Question

Quizplus · Accepted Answer

Reducing irrecoverable debts decreases losses, lower interest rates for savers reduce interest expenses, and higher interest rates for borrowers increase interest income, all of which can increase profit before tax percentage. Higher staff salaries would increase expenses, potentially reducing profit.

Which of the Following Factors Will Increase the Profit Before