Question
Hey guys and gals! I hoping you might be able to help me with an ECON or Finance question... A bank balance sheet in millions:
Hey guys and gals! I hoping you might be able to help me with an ECON or Finance question...
A bank balance sheet in millions: Assets: Reserves $8, Loans $52, Securities $30.
Liabilities: Deposits $65, Borrowing $10, Bank Capital $15.
I know that from a previous equation the ROA is 2.22% I cannot find the ROE or leverage ratio correctly.
The bank has an after tax net income of 2 million.
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OPEC Twenty Years And Beyond
Authors: Ragaei El Mallakh
1st Edition
1317244737, 9781317244738
