Which of the Following Had the Greatest Net Interest Margin

question 22

Multiple Choice

Which of the following had the greatest net interest margin in 2008?

• A)International banks
• B)Agricultural banks
• C)Credit card lenders
• D)Consumer lenders
• E)Mortgage lenders

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Definitions:

Perpetual Inventory System

An inventory accounting technique that immediately logs the sale or acquisition of inventory using computerized point-of-sale systems and enterprise asset management software.

Cost of Goods Sold

Cost of Goods Sold is the direct costs attributable to the production of the goods sold by a company, including material and labor costs.

Quantity Discount

A price reduction offered to buyers purchasing in large volumes or amounts.