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Perform a basic profitability analysis using the provided data, and find the following: Item Amount ($millions) Noninterest Income 55 Interest Expense 20 Average Assets 1,000
Perform a basic profitability analysis using the provided data, and find the following:
Item | Amount ($millions) |
Noninterest Income | 55 |
Interest Expense | 20 |
Average Assets | 1,000 |
Interest Income | 60 |
Provision for Loan Losses | 4 |
Noninterest Expense | 65 |
Avg. Common Stock and Retained Earnings | 105 |
Income Tax (nominal) | 14 |
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