Suppose a Bank Earned $173 Million in Interest on Its

question 45

Multiple Choice

Suppose a bank earned $173 million in interest on its assets of $2,153 million, it paid out $81 million in interest on its liabilities (excluding capital) of $2,007 million, and it paid its workers $71 million in total compensation.The bank's return on equity is approximately

• A)12 percent.
• B)14 percent.
• C)16 percent.
• D)18 percent.

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Definitions:

Genetics

The study of heredity and the variation of inherited characteristics among organisms.

Twin-study

A research method used to investigate the relative importance of genetics and environment by comparing the similarities between monozygotic and dizygotic twins.

Adoption Studies

Research methods that compare adopted children to their biological and adoptive families to understand the influence of genetics and environment on development.

Genetic Influence

Genetic influence involves the impact of genes inherited from one's parents on physical traits, behaviors, and susceptibilities to certain conditions.