Evaluating Bank performance -Problem OneBelow is the financial data for ORC British Bank, Answer Questions 1 to 10:AccountsAmounts in poundsNet Income30,000,000.00Non-interest Income45,000,000.00Net Interest Income78,000,000.00Total Interest Expense61,000,000.00625,000,000.00945,000,000.00Gross LoansTotal Assets725,000,000.00Total LiabilitiesReserve For Loan LossesProvision For Loan Losses95,000,000.0033,000,000.00*Untitled - NotepadFile Edit Format View HelpThe Provision for loss ratio is: *a- 9.44%b- 7.65%C- 6.87%d- 5.28%e- None of the above10- If the extraordinary loss amount is 626,000 pounds, then the Net Operating Income is: *a- 30,626,000b- 4,750,000C- 3,650,000d- 2,980,000e- None of the above

Provision for loss is an accounting practice where financial institutions set aside funds to cover…

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

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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