Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

2. Intra Bank has ROE of 12.3%, net interest margin 8.62%, capitalization ratio 18% and tax rate is 30%. If the total interest income is

image text in transcribed
2. Intra Bank has ROE of 12.3%, net interest margin 8.62%, capitalization ratio 18% and tax rate is 30%. If the total interest income is 190,300 exceeding the total interest expense by 45%. The pretax net operating income is $ 28,150, security loss $2,120 and extraordinary gain $ 815. Then how much is the approximate percentage of earning assets from the total assets. * O 75.86% 73.92% 65.97% 100% None of the above

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Corporate Finance

Authors: Stephen Ross, Randolph Westerfield, Jeffrey Jaffe

13th International Edition

1265533199, 978-1265533199

Students also viewed these Accounting questions