Business, 13.09.2019 03:30, alex43079

Last year stealth bank received $100 million in interest payments from borrowers. $25 million in loans were written off as uncollectible. it paid out $30 million in interest to its depositors and collected $25 million for various fees it charged. administration costs were $22 million and taxes were $3 million. what was the value of stealth bank's accounting profits?

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Last year stealth bank received $100 million in interest payments from borrowers. $25 million in loa...