If a bank pays 62 cents in non-interest expense per dollar of income, its ___ is equal to:_.
a. overhead ratio
b. b. net non-interest margin
c. c. burden
d. efficiency ratio
e. noninterest expense ratio

Question

14-09-2022
Business

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If a bank pays 62 cents in non-interest expense per dollar of income, its ___ is equal to:_.
a. overhead ratio
b. b. net non-interest margin
c. c. burden
d. efficiency ratio
e. noninterest expense ratio

Respuesta :

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smecloudbird18 smecloudbird18 · Answer 1 · 2022-09-23T11:16:48+02:00

If a bank pays 62 cents in non-interest expense per dollar of income, its efficiency ratio is equal to 0.62

The efficiency ratio is generally used to analyze that how well any company uses its assets and liabilities internally in the organization.

An efficiency ratio can also calculate the turnover of receivables or the repayment of liabilities

It also calculates the quantity and usage of equity and also the general use of inventory and machinery. This ratio can also be used to track and analyze the performance of different commercial and investment banks.

To know more about efficiency ratio here:

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If a bank pays 62 cents in non-interest expense per dollar of income, its _______ is equal to:_____. a. overhead ratio b. b. net non-interest margin c. c. burden d. efficiency ratio e. noninterest expense ratio

Respuesta :

Otras preguntas

If a bank pays 62 cents in non-interest expense per dollar of income, its ___ is equal to:_.
a. overhead ratio
b. b. net non-interest margin
c. c. burden
d. efficiency ratio
e. noninterest expense ratio