Multiple Choice
Consider the following two FIs: Company A has $500 million in total assets and total costs equal to $200 million. Company B has $60 million in total assets and total costs equal to $24 million.
What are average costs for each FI?
A) 0.40 for A and 2.50 for B.
B) 2.50 for both A and B.
C) 2.50 for A and 0.40 for B.
D) 0.40 for both A and B.
E) Insufficient information.
Correct Answer:

Verified
Correct Answer:
Verified
Q1: Spruce Bank is planning to automate some
Q19: According to studies, which of the following
Q34: Allows efficient management of multiple currency and
Q37: Which of the following are the two
Q39: Consider the following two FIs: Company A
Q44: Spruce Bank is planning to automate some
Q77: How can noninterest operating expenses of an
Q83: Although cloud computing is a technology that
Q87: The following information is available on the
Q89: How can noninterest operating income of an