Which of the following statements is true of banks?
A. Small banks do not face the same competitive pressure as large banks do.
B. Location of banks does not determine the level of competition among them.
C. Bank spreads are large for large banks.
D. Returns on equity are large for small banks.
Answer: A
You might also like to view...
How is a corporation likely to respond to an NGOs demands, when transaction costs are high? Provide an example.
What will be an ideal response?
A satellite is a space station that orbits the sun, receiving and transmitting signals from Mars-based stations over a wide area.
Answer the following statement true (T) or false (F)
What is not suggested by the textbook to help combat culture shock?
a. Make sure the job you will be doing is clear from the very beginning b. Talk to people who have been in that country to get their advice and feedback c. Research the culture and the language d. Try not to create cultural bias by researching the new culture
Use the information below to answer the following question(s):Howard Co. uses the direct method to prepare its operating activities section of the statement of cash flows. Indicate how each event affects net income and the three types of activities on the statement of cash flows. In the net income column, use the letter "I" to indicate increase, the letter "D" to indicate decrease, and the letters "NA" to indicate no effect on net income. In the three cash flow columns, use the letter "I" to indicate cash inflow, the letter "D" to indicate cash outflow, and the letters "NA" to indicate no effect on cash flows.On January 1 of the current year, Howard Co. paid $10,000 to the Citizens Bank for accrued interest expense that had been accrued at the end of the previous year. src="https://sciemce.com/media/4/ppg__10826191638__f1q9g1.jpg" alt="" style="vertical-align: 0.0px;" height="66" width="467" />
What will be an ideal response?