Consider the Following Two FIs: Company a Has $500 Million

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.