The Third National Bank of Edmond Reports a Net Interest

question 59

Multiple Choice

The Third National Bank of Edmond reports a net interest margin of 5.83 percent.It has total interest revenues of $275 million and total interest expenses of $210 million.What will be the bank's earning assets total?

• A)$4,717 million
• B)$3,602 million
• C)$1,115 million
• D)$3,790 million
• E)None of the options is correct.

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Definitions:

Cash Flow Statement

A financial document that provides a summary of the money flowing into and out of a company during a specific period, distinguishing between operations, investments, and financing activities.

Cash Outflow

Money that flows out of a business, typically as payments for expenses, investments, or acquisitions.

Investing Activities

Transactions that involve acquiring or disposing of noncurrent assets.

Wage Expense

The total cost incurred by a company for paying its employees, including salaries, wages, and other compensation.