Following Data Pertains to Castle State Bank

question 4

Multiple Choice

Following data pertains to Castle State Bank.

-What is the bank's ROA?

• A)20.45%
• B)18.33%
• C)12.22%
• D)7.33%
• E)2.5%

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Definitions:

Days Past Due

A term used to describe the number of days a payment or obligation remains unpaid after its due date.

Specific Date

A particular day specified for an event or deadline, clearly identified by a combination of day, month, and year.

Public Law 95-109

The Fair Debt Collection Practices Act of 1977, a United States federal law that limits the behavior and actions of third-party debt collectors attempting to collect debts on behalf of another person or entity.

Fair Debt Collection Practices Act

A federal law in the United States that limits the behavior and actions of third-party debt collectors attempting to collect debts on behalf of another person or entity.