The Following Information Is Available on the Average Costs of the Three

question 20

Multiple Choice

The following information is available on the average costs of the three major banks in a given local market.Bank A has assets of $10 million and average costs are 15 percent, Bank B has assets of $20 million and average costs of 13 percent while Bank C has assets of $30 million with average costs of 12 percent.Average costs are measured as a proportion of total assets. Bank B plans to acquire Bank A and in the process cut costs by $100,000.What is the combined bank's average costs?

• A)12.00 percent.
• B)12.67 percent.
• C)13.00 percent.
• D)13.33 percent.
• E)15.00 percent.

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Definitions:

Absent Grief

When mourners do not grieve, either because other people do not allow expressions of grief or because the mourners do not allow themselves to feel sadness.

Reality Of Death

The understanding and acceptance of death as a natural part of life.

Disenfranchised Grief

A type of grief that is not acknowledged or supported by societal norms, often experienced in losses that are not publicly mourned or recognized.

Memorial Service

A ceremony held in honor of a deceased person, typically without the body present.