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The Provision for loss ratio is: -9.44% - 7.65% - 6.87% - 5.28% e- None of the above 10- If the extraordinary loss amount is 626,000 pounds, then the Net Operating Income is: a- 30,626,000 b- 4,750,000 C- 3,650,000 d- 2,980,000 e- None of the above

The Provision for loss ratio is: -9.44% - 7.65% - 6.87% - 5.28% e- None of the above 10- If the extraordinary loss amount is 626,000 pounds, then the Net Operating Income is: a- 30,626,000 b- 4,750,000 C- 3,650,000 d- 2,980,000 e- None of the above

FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Evaluating Bank performance -Problem One Below is the financial data for ORC British Bank, Answer Questions 1 to 10: Accounts Amounts in pounds Net Income 30,000,000.00 Non-interest Income 45,000,000.00 Net Interest Income 78,000,000.00 Total Interest Expense 61,000,000.00 625,000,000.00 945,000,000.00 Gross Loans Total Assets 725,000,000.00 Total Liabilities Reserve For Loan Losses Provision For Loan Losses 95,000,000.00 33,000,000.00 *Untitled - Notepad File Edit Format View Help The Provision for loss ratio is: * a- 9.44% b- 7.65% C- 6.87% d- 5.28% e- None of the above 10- If the extraordinary loss amount is 626,000 pounds, then the Net Operating Income is: * a- 30,626,000 b- 4,750,000 C- 3,650,000 d- 2,980,000 e- None of the above
Transcribed Image Text:Evaluating Bank performance -Problem One Below is the financial data for ORC British Bank, Answer Questions 1 to 10: Accounts Amounts in pounds Net Income 30,000,000.00 Non-interest Income 45,000,000.00 Net Interest Income 78,000,000.00 Total Interest Expense 61,000,000.00 625,000,000.00 945,000,000.00 Gross Loans Total Assets 725,000,000.00 Total Liabilities Reserve For Loan Losses Provision For Loan Losses 95,000,000.00 33,000,000.00 *Untitled - Notepad File Edit Format View Help The Provision for loss ratio is: * a- 9.44% b- 7.65% C- 6.87% d- 5.28% e- None of the above 10- If the extraordinary loss amount is 626,000 pounds, then the Net Operating Income is: * a- 30,626,000 b- 4,750,000 C- 3,650,000 d- 2,980,000 e- None of the above
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