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Bank of America faces the following inflows and outflows during the coming month: 1. deposit withdrawals of $66 million 2. Customer loan repayments of $2016
Bank of America faces the following inflows and outflows during the coming month:
1. deposit withdrawals of $66 million
2. Customer loan repayments of $2016 million
3. sales of assets $36 million
4. operating expenses of $102 million
5. new loan request accepted of $588 million
6. deposits of $1340 million
7. borrowings from the money market of $86 million
8. nondeposit service fees of $54 million
9. borrowings to be repaid of $46 million
10. divided payment of $280 million
11. extraordinary income of $100.
What is Bank of Americas projected net liquidity position for the coming month?
Using the information given below calculate the ROA for each of the banks.
Amounts in thousands
BankROETotal Equity Total Asset
1. Barclays bank 4.31%90.899443.291
2. Midland bank 10.67%41.585381.505
3. J.P Morgan 7.45%1.123.3188.441.249
4. National bank 22.79%51.799386.696
5. Qatar bank 16.05%214.1972.300.388
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