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I have A-D , I need E-I Megalopolis Bank has the following balance sheet and income statement. Balance Sheet (in millions) Assets Liabilities and Equity
I have A-D , I need E-I
Megalopolis Bank has the following balance sheet and income statement. Balance Sheet (in millions) Assets Liabilities and Equity Cash and due from $ 10,900 Demand deposits $ 38,000 banks Investment securities 42,000 NOW accounts 108,000 Repurchase agreements 61,000 Retail CDs 47,000 Loans 109,000 Debentures 38,000 Fixed assets 34,000 Total liabilities $231,000 Other assets 5,900 Common stock 12,000 Paid-in capital 4,000 Retained earnings 15,800 $262,800 Total assets Total liabilities $262,800 and equity Income Statement Interest on fees and loans $10,900 Interest on investment securities 5,900 Interest on repurchase 7,900 agreements Interest on deposits in banks 2,900 Total interest income $27,600 Interest on deposits $10,900 Interest on debentures 3,900 Total interest expense $14,800 Net interest income $12,800 Provision for loan losses 3,600 Noninterest income 3,900 Noninterest expenses 2,900 Income before taxes $10,200 Taxes 4,400 Net income $ 5,800 For Megalopolis, calculate (Round your answers to 2 decimal places. (e.g., 32.16)): a. Return on equity b. Return on assets c. Asset utilization d. Equity multiplier e. Profit margin f. Interest expense ratio Provision for loan loss g. ratio Noninterest expense h. ratio i. Tax ratio % % % X % % % % %Step by Step Solution
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