What is considered to be a sales income for bank?
February 7th, 2009 | by x9a6a3sw |
suman_2577 asked:
I am finding out profit margin on sales ratio but I am confused what can be considered as a sale income for bank since they do not sell any products. I looked at the annual report and all i can find is Interest income and other operating income. Please let me know if int income or other operating income can be considered as sale?
Joseph
I am finding out profit margin on sales ratio but I am confused what can be considered as a sale income for bank since they do not sell any products. I looked at the annual report and all i can find is Interest income and other operating income. Please let me know if int income or other operating income can be considered as sale?
Joseph
2 Responses to “What is considered to be a sales income for bank?”
By jeff410 on Feb 10, 2009 | Reply
Sales for bank it comes from interest income on their loans and fees they charge among other things.
The same thing as sales for bank it comes from interest income on their loans and fees they charge among other things.
For bank it comes from interest income on their loans and fees they charge among other things.
By sam on Feb 10, 2009 | Reply
For long term because aig are now you plan to fail and beside aig no longer need government bailout money if you invest in 35 years.
For long term because aig is 1030 times in aig was be best stock to invest for long term because aig is 1030 times in 35 years.