Harrison Bank Has the Following Financial Information What Is the Bank's Total Operating Revenue?
A)$125
B)$8,000
C)$488,281

question 28

Multiple Choice

Harrison Bank has the following financial information. $\begin{array} { | c | r | } \hline \text { Net Profit Margin } & 12.5 \% \\\hline \text { Net Income } & \$ 1000 \\\hline \text { Total Assets } & \$ 62,500 \\\hline \text { Total Equity } & \$ 6250 \\\hline\end{array}$
What is the bank's total operating revenue?

• A)$125
• B)$8,000
• C)$488,281
• D)$31,250,000
• E)None of the options is correct

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Definitions:

Domestic Producers

Manufacturers or producers that operate within a country's borders, contributing to the domestic economy.

Domestic Consumers

Individuals or households within a country that consume goods and services in their domestic market.

Importer

An importer is a person or entity that buys goods or services from another country for domestic use or resale.

Domestic Price

The price of goods or services within a country's borders.