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For Megalopolis, calculate (Round your answers to 2 decimal places. (e.g., 32.16)): a. C. Return on equity b. Return on assets Asset utilization d. Equity
For Megalopolis, calculate (Round your answers to 2 decimal places. (e.g., 32.16)): a. C. Return on equity b. Return on assets Asset utilization d. Equity multiplier e. Profit margin f. Interest expense ratio g. Provision for loan loss ratio h. Noninterest expense ratio i. Tax ratio % % % X % % % % % Megalopolis Bank has the following balance sheet and income statement. Assets Cash and due from banks Investment securities Repurchase agreements Loans Fixed assets Other assets Balance Sheet (in millions) Liabilities and Equity $ 9,900 Demand deposits 32,000 NOW accounts 51,000 Retail CDs 99,000 Debentures 24,000 Total liabilities 4,900 Common stock Paid-in capital Retained earnings $220, 800 Total liabilities and equity $ 28,000 98,000 37,000 28,000 $191,000 12,000 4,000 13,800 $220, 800 Total assets Income Statement Interest on fees and loans Interest on investment securities Interest on repurchase agreements Interest on deposits in banks Total interest income Interest on deposits Interest on debentures Total interest expense Net interest income Provision for loan losses Noninterest income Non interest expenses Income before taxes Taxes Net income $ 9,900 4,900 6,900 1,900 $23,600 $ 9,900 2,900 $12,800 $10,800 2,900 2,900 1,900 $ 8,900 3,600 $ 5,300
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