A bank has interest income to total assets ratio of 5.45 percent and has noninterest income of $45 million and total assets of $700 million. What is the bank's asset utilization ratio?
A) 5.45 percent
B) 6.43 percent
C) 9.67 percent
D) 15.02 percent
E) 11.88 percent
Correct Answer:
Verified
Q35: Purchased funds include all but which one
Q36: The First Bank of the Ozarks generates
Q37: If a bank has more purchased funds
Q38: Interest-bearing retail accounts with limited checking features
Q39: Blue Ridge Bank has a PM of
Q41: A bank can raise capital by:
A)Offering long-term
Q42: Investment securities plus _ is equal to
Q43: How has the negotiable feature of wholesale
Q44: Which of the following assets are used
Q45: 
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents