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Megalopolis Bank has the following balance sheet and income statement Balance Sheet (in millions) Assets Cash and due from banks Investnent securities Repurchase agreenents
Megalopolis Bank has the following balance sheet and income statement Balance Sheet (in millions) Assets Cash and due from banks Investnent securities Repurchase agreenents Liabilities and Equity $ 9,400 27,000 46,000 94,000 19,000 4,400 Demand deposits. NON accounts $ 23,000 93,000 32,000 23,000 $ 171,000 12,000 4,000 12,800 $ 199,800 Retail CDs Loans Debentures Fixed assets Total liabilities Common stock Paid-in capital Retained earnings Other assets Total assets $ 199,000 Total liabilities and equity Incone Statement (In millions) Interest on fees and loans Interest on investnent securities Interest on repurchase ogreements Interest on deposits in banks Total interest incone Interest on deposits Interest on debentures Total interest expense Net interest income Provision for loan losses Noninterest hcome Noninterest expenses Income before taxes Taxes $ 9,400 4,400 6,400 1,400 $ 21, 600 $ 9,400 2,400 $ 11,800 $ 9,800 2,400 2,400 1,400 $ 8,400 3,200 $5,200 Net income For Megolopolis, calculate (Round your percentage enswers and equity multiplier to 2 decimal places. (e.g. 32.16) For Megalopolis, calculate (Round your percentage answers and equity multiplier to 2 decimal places. (e.g., 3216)): a Return on equity 18.06 % b Return on assets 2.60 % Asset utilization 12.01 % 6.94 X 21.67 % C. d. Equity multiplier e. Profit margin If. Interest expense ratio % Provision for loan loss ratio % h. Noninterest expense ratio Tax ratio
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