9-113 What Is the Weighted Average Duration of the Liabilities

question 52

Multiple Choice

9-113 What is the weighted average duration of the liabilities of the FI?

• A)5.00 years.
• B)5.35 years.
• C)5.70 years.
• D)6.05 years.
• E)6.40 years.

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Definitions:

Balance Sheet

A record that presents a summary of a business's assets, liabilities, and shareholders' equity at a given time.

Return on Assets

A financial ratio that measures the profitability of a company in relation to its total assets.

Net Income

The profit remaining after all expenses, taxes, and costs have been deducted from total revenue.

Assets

Resources owned or controlled by a business or individual that have expected future economic benefit.