On a Bank's Income Statement,the Amount Available to Keep as Retained

question 9

Multiple Choice

On a bank's income statement,the amount available to keep as retained earnings or pay to the stockholders in dividends is the bank's

• A) net income.
• B) net operating income.
• C) net extraordinary items.
• D) net interest margin.

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Definitions:

Not Rival

A characteristic of a good where its consumption by one individual does not reduce availability or quality for others.

Excludable

A characteristic of a good or service that allows its owner to prevent others from using it, typically through the mechanism of property rights.

Rival in Consumption

A characteristic of a good whereby consumption by one individual prevents simultaneous consumption by another individual.

Rival in Consumption

A characteristic of goods whereby the consumption by one individual reduces the availability of the good for consumption by another individual.