Question
I am trying to calculate the net profit margin for a bank and am having trouble figuring out what to use for sales. I thought
I am trying to calculate the net profit margin for a bank and am having trouble figuring out what to use for sales. I thought the sales for a bank on its income statement were net interest income, other income and total other income but I can not seem to calculate the information correctly and I am trying to figure out what I am missing.
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Investment Analysis and Portfolio Management
Authors: Frank K. Reilly, Keith C. Brown, Sanford J. Leeds
11th Edition
1305262999, 1305262997, 035726164X, 978-1305262997
