You Know the Following Information About the Davis National Bank

question 110

Multiple Choice

You know the following information about the Davis National Bank: $\begin{array} { l r } \text { Total interest expenses } & \$ 500 \\\text { Total noninterest income } & 100 \\\text { Securities gains (losses) } & 50 \\\text { Income taxes } & 80 \\\text { Dividends to stockholders } & 40 \\\text { Total interest income } & 800 \\\text { Total noninterest expenses } & 150 \\\text { Provision for loan losses } & 100\end{array}$
Given this information,what is the value of this firm's pretax net operating income (or net income before extraordinary items) ?

• A)$300
• B)$150
• C)($50)
• D)$120
• E)$80

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Definitions:

Longitudinal Forces

Forces that act along the length of a vehicle or structure, impacting its motion and stability, often related to acceleration and braking.

Vertically Applied Forces

Forces that act perpendicular to the horizontal surface, such as gravitational forces acting on a structure or component.

Compressed Condition

The state of a material or object that has been compacted or squeezed, reducing its volume and changing its density.

Jounce

The most compressed condition of a spring. Literally bounce.