Question
Interest Income 720,000 Non Interest Income 200,000 Interest Expenses 440,000 Non Interest Expenses 260,000 Tax Rate 10% Provision for loan losses 9,000 TOTAL ASSETS 3,798,000
Interest Income 720,000 Non Interest Income 200,000 Interest Expenses 440,000 Non Interest Expenses 260,000 Tax Rate 10% Provision for loan losses 9,000 TOTAL ASSETS 3,798,000 TOTAL EQUITY 1,055,000 CALCULATE ROA PRESENT YOUR ANSWER AS % ROUNDED TO 0 DECIMAL PLACES. DON'T USE THE PERCENTAGE SYMBOL EX. IF YOUR ANSWER IS 34%, JUST WRITE 34
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An Introduction to Investment Banks, Hedge Funds, and Private Equity
Authors: David P. Stowell
1st edition
978-0123745033, 0123745039, 978-9380931074
