CALCULATE PROFIT MARGIN (PM) PRESENT YOUR ANSWER AS PERCENTAGE ROUNDED TO ZERO DECIMAL PLACES, DON'T USE...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
CALCULATE PROFIT MARGIN (PM) PRESENT YOUR ANSWER AS PERCENTAGE ROUNDED TO ZERO DECIMAL PLACES, DON'T USE THE PERCENTAGE SYMBOL EXAMPLE IF YOUR ANSWER IS 57%, JUST WRITE 57 CASH FED FUNDS TREASURY SECURITIES MUNICIPAL BONDS CORPORATE BONDS GROSS LOANS & LEASES RESERVE FOR LOAN LOSSES NET LOANS & LEASES ASSETS OTHER ASSETS TOTAL ASSETS LIABILITIES DEMAND DEPOSITS SAVINGS ACCOUNTS NOW ACCOUNTS MONEY MARKETS ACC. CD RETAIL CD WHOLESALE REPO'S 336,500 72,000 1,498,000 248,000 48,000 4,500,000 12,000 4,488,000 31,000 6,721,500 514,000 700,000 800,000 300,000 2,580,000 1,200,000 37,000 INCOME STATEMENT DATA INTEREST INCOME NON INTEREST INCOME INTEREST EXPENSES NON INTEREST EXPENSES PROVISION FOR LOAN LOSSES TAX RATE 427,000 203,000 275,000 156,000 6,000 18.5% NOW ACCOUNTS MONEY MARKETS ACC. CD RETAIL CD WHOLESALE REPO'S OTHER LIABILITIES TOTAL LIABILITIES TOTAL EQUITY TOTAL LIABILITIES & EQUITY 800,000 300,000 2,580,000 1,200,000 37,000 12,500 6,143,500 578,000 6,721,500 - CALCULATE PROFIT MARGIN (PM) PRESENT YOUR ANSWER AS PERCENTAGE ROUNDED TO ZERO DECIMAL PLACES, DON'T USE THE PERCENTAGE SYMBOL EXAMPLE IF YOUR ANSWER IS 57%, JUST WRITE 57 CASH FED FUNDS TREASURY SECURITIES MUNICIPAL BONDS CORPORATE BONDS GROSS LOANS & LEASES RESERVE FOR LOAN LOSSES NET LOANS & LEASES ASSETS OTHER ASSETS TOTAL ASSETS LIABILITIES DEMAND DEPOSITS SAVINGS ACCOUNTS NOW ACCOUNTS MONEY MARKETS ACC. CD RETAIL CD WHOLESALE REPO'S 336,500 72,000 1,498,000 248,000 48,000 4,500,000 12,000 4,488,000 31,000 6,721,500 514,000 700,000 800,000 300,000 2,580,000 1,200,000 37,000 INCOME STATEMENT DATA INTEREST INCOME NON INTEREST INCOME INTEREST EXPENSES NON INTEREST EXPENSES PROVISION FOR LOAN LOSSES TAX RATE 427,000 203,000 275,000 156,000 6,000 18.5% NOW ACCOUNTS MONEY MARKETS ACC. CD RETAIL CD WHOLESALE REPO'S OTHER LIABILITIES TOTAL LIABILITIES TOTAL EQUITY TOTAL LIABILITIES & EQUITY 800,000 300,000 2,580,000 1,200,000 37,000 12,500 6,143,500 578,000 6,721,500 -
Expert Answer:
Answer rating: 100% (QA)
Calculate the profit margin PM STEP 1 First lets calculate ... View the full answer
Related Book For
Income Tax Fundamentals 2019
ISBN: 9781337703062
37th Edition
Authors: Gerald E. Whittenburg, Steven Gill
Posted Date:
Students also viewed these finance questions
-
Colfax Inc. manufactures high-end ice cream makers to sell to companies across the globe. The following market data on Colfax are current and available: Debt - 130,000 bonds outstanding, selling for...
-
1. Security A has expected return of 17.6% and beta of 1.4. If the risk-free rate is 6%, what is the reward-to-risk rate for Security A? Question 2 The common stock of Detroit Engines has a beta of...
-
A researcher wished to compare the average daily hotel room rates between San Francisco and Los Angeles. The researcher obtained an SRS of 15 hotels in downtown San Francisco and found the sample...
-
A decision maker is working on a problem that requires her to study the uncertainty surrounding the payoff of an investment. There are three possible levels of payoff $1,000, $5,000, and $10,000. As...
-
Computer directly the gravitational force on a unit mass at a point exterior to a homogeneous sphere of matter
-
An unrecorded check issued during the last week of the year would most likely be discovered by the auditor when the a. Check register for the next month is reviewed. b. Bank confirmation is reviewed....
-
Why is it that techniques for putting financial values on eco-assets are fraught with difficulty?
-
At the beginning of the year, Dillon Company budgeted overhead of $180,000 as well as 15,000 direct labour hours. During the year, Job K456 was completed with the following information: direct...
-
Module 3 describes the legal challenges to the death penalty beginning in the 1960s. When on the U.S. Supreme Court declared the death penalty unconstitutional, the public backlash to the decision...
-
The time from acceptance to maturity on a $1,000,000 banker's acceptance is 120 days. The importer's bank's acceptance commission is 1.75 percent and the market rate for 120-day B/As is 5.75 percent....
-
2 (10 pts) The Request for Comments (RFC) documents define and standardize the bulk of the protocols used in the Internet. They are published on behalf of the Internet Engineering Task Force (IETF),...
-
Required: Below are the transactions for March 2023, for The Petersburg Company. Owner, Lori Ann has asked you the office manager to record the transactions into the correct journal. She has supplied...
-
Suppose Amy (a U.S. investor) purchases a 45-day Euro-commercial paper with a par value of 10,000,000 Brazilian reals for a price of 9,960,000 Brazilian reals. If the real is worth $0.29, the spot...
-
Best Western International, Inc.'s market-to-book ratio is currently 2.5 times and the PE ratio is 6.75 times. If Best Western's common stock is currently selling at $22.50 per share, what is the...
-
Loan payments of $1,900 due 95 days ago and $4,350 due today are scheduled to be repaid with a payment of $4,220 in 31 days and the balance in 126 days. If money earns 6% p.a. simple interest, what...
-
Each resistor in this circuit has a resistance of R = 120 2. Calculate the equivalent resistance of the entire circuit. Show your work
-
Consider U.S. cities with high violent crime rates over the last five years (e.g., Detroit, MI; Baltimore, MD; Camden, NJ; and many other cities). Choose one city and discuss how functionalism...
-
Simplify the expression. Assume that all variables are positive. 23VI1 2 V44 8
-
Ralph and Kathy Gump are married with one 20-year-old dependent child. Ralph earns a total of $98,000 and estimates their itemized deductions to be $28,500 for the year. Kathy is not employed. Use...
-
Carl transfers land with a fair market value of $120,000 and basis of $30,000, to a new corporation in exchange for 85 percent of the corporations stock. The land is subject to a $45,000 liability,...
-
The Loquat Corporation has book net income of $50,000 for the current year. Included in this figure are the following items, which are reported on the corporations Schedule M-1, Reconciliation of...
-
Prove: 'Bernoulli's equation is a restrictive form of energy equation'.
-
What are the assumption made for the establishment of Bernoulli's equation?
-
A shell and tube heat exchanger is used to cool lubricating oil by water at the rate of \(120 \mathrm{~kg} / \mathrm{min}\). The oil enters the heat exchanger at \(343 \mathrm{~K}\) and leaves at...
Study smarter with the SolutionInn App