Megalopolis Bank has the following balance sheet and income statement. Balance Sheet (in millions) Assets Liabilities and Equity Cash and due from banks $ 10,600 Demand deposits $ 35,000 Investment securities 39,000 NOW accounts 105,000 Repurchase agreements 58,000 Retail CDs 44,000 Loans 106,000 Debentures 35,000 Fixed assets 31,000 Total liabilities $ 219,000 Other assets 5,600 Common stock 12,000 Paid-in capital 4,000 Retained earnings 15,200 Total assets $ 250,200 Total liabilities and equity $ 250,200 Income Statement Interest on fees and loans $ 10,600 Interest on investment securities 5,600 Interest on repurchase agreements 7,600 Interest on deposits in banks 2,600 Total interest income $ 26,400 Interest on deposits $ 10,600 Interest on debentures 3,600 Total interest expense $ 14,200 Net interest income $ 12,200 Provision for loan losses 3,300 Noninterest income 3,600 Noninterest expenses 2,600 Income before taxes $ 9,900 Taxes 3,800 Net income $ 6,100 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 g. Provision for loan loss ratio h. Noninterest expense ratio i. Tax ratio

Check my work 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 $ 10,600 Demand deposits 39,000 NOW accounts 58,000 Retail CDs 106,000 Debentures 31,000 Total liabilities 5,600 Common stock Paid-in capital Retained earnings $ 250,200 Total liabilities and equity $ 35,000 105,000 44,000 35,000 $219,000 12,000 4,000 15, 200 $250,200 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 Noninterest expenses Income before taxes Taxes Net income $10,600 5,600 7,600 2,600 $26,400 $10,600 3,600 $14,200 $12,200 3,300 3,600 2,600 $ 9,900 3,800 $ 6,100 For Megalopolis, calculate (Round your answers to 2 decimal places. (e.g., 32.16)): For Megalopolis, calculate (Round your answers to 2 decimal places. (e.g., 32.16)): a. b. C. d. Return on equity Return on assets Asset utilization Equity multiplier Profit margin Interest expense ratio Provision for loan loss ratio Noninterest expense ratio Tax ratio h