In General, _______________ Are the Major Non-Credit Cost for Commercial

question 3

Multiple Choice

In general, _______________ are the major non-credit cost for commercial customers.

• A) personnel expenses
• B) check-processing costs
• C) loan administration expenses
• D) fraud costs
• E) default costs

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Definitions:

Net Income

The total profit of a company after all expenses and taxes have been deducted from revenue.

EVA

Economic Value Added, a measure of a company's financial performance based on the residue wealth calculated by deducting its cost of capital from its operating profit.

Investor-supplied Capital

Funds provided by investors to a company, used for business activities and growth.

Operating Income

Revenue from a company’s core business operations, excluding deductions of expenses like cost of goods sold, salaries, and other operating expenses.