Second National Bank Is Forecasting a Return on Equity of 15

question 117

Multiple Choice

Second National Bank is forecasting a return on equity of 15 percent for this year.The board of directors wants to maintain its current policy of paying the bank's stockholders 40 percent of any net earnings the bank will earn.How fast can the bank's assets grow this year without jeopardizing its ratio of capital to assets?

• A)15 percent
• B)9 percent
• C)8 percent
• D)6 percent
• E)None of the options is correct.

Understand the significance and process of public participation in the rule-making process, including the necessity for agencies to respond to public comments.

Grasp the concept of hybrid rule-making and its procedural stages.

Appreciate the importance of privacy rights and understand the limits and guarantees of the Privacy Act of 1974.

Acquire insights into the historical development and role of administrative agencies in the U.S. government.