FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

please answer ASAP QUESTION 31 Harrison Bank has the following financial information: ROE = 16% Net profit margin =12.5% Net Income $1000 Total assets =

image text in transcribed

please answer ASAP

QUESTION 31 Harrison Bank has the following financial information: ROE = 16% Net profit margin =12.5% Net Income $1000 Total assets = $62,500 Total equity- $6250 1- What is the bank's asset utilization ratio? 2- What is the bank's total operating revenue

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

International Finance For Non Financial Managers

International Finance For Non Financial Managers

Authors: Dora Hancock

1st Edition

0749480017, 9780749480011

More Books

Students also viewed these Finance questions

Question

★★★★★
In audit sampling applications, sampling risk is a. A characteristic of statistical sampling applications but not of non-statistical applications. b. The probability that the audit team will fail to...

Answered: 1 week ago

Question

★★★★★
13 1 points Beta Corporation has 160.000 shares of common stock authorized, $1 par value, 90.000 shares issued and outstanding Assume the company implements a 2-for-1 stock split. After implementing...

Answered: 1 week ago

Question

★★★★★
For a population of 17-year-old boys and 17-year-old girls, the means and standard deviations, respectively, of their subscapular skinfold thickness values are as follows: boys, 9.7 and 6.0; girls,...

Answered: 1 week ago

Question

★★★★★
On paper, replicate the following segment of DNA: 5 A T C G G C T A C G T T C A C 3 3 T A G C C G A T G C A A G T G 5 a. Show the direction of replication of the new strands and indicate the location...

Answered: 1 week ago

Question

★★★★★
Cheshire, Inc. has a cash balance of $79,000; short - term investments of $19,000; net receivables of $61,000; and inventory of $470,000. Current liabilities total $200,000. What is Cheshire's...

Answered: 1 week ago

Question

★★★★★
(1 point) Compute the following limit using I'Hopital's rule if appropriate. Use INF to denote co and -INF to denote -co. im (x3 - 7x2 ) 0 x-+ 00

Answered: 1 week ago

Question

★★★★★
Develop a comprehensive analysis that identifies threats and vulnerabilities to the information systems infrastructure and organizational data. You may use a fictitious company, one that you...

Answered: 1 week ago

Question

★★★★★
Samstreet, Inc went public by issuing 1 million shares of common stock at $25 per share. The shares are currently trading at $30 per share. Current risk free rate is 4%, market risk premium is 8% an...

Answered: 1 week ago

Question

★★★★★
On November 12, 2020, Ms. Wilma Vander purchased an automobile to be used exclusively in her newly formed unincorporated business that commenced operations on June 30, 2020. The cost of the...

Answered: 1 week ago

Question

★★★★★
Culture affects our personalities and behaviors. To analyze underlying reasons for bias and the effects on treatment methods, you will be watching a short film that asks what if our normal wasn't...

Answered: 1 week ago

Question

★★★★★
Water, initially at 100 Celsius and 200 kPa, is heated isothermally (yes, this can happen-adiabatic and isothermal are not the same things) until a saturated liquid-plus-vapor mixture having a...

Answered: 1 week ago

Question

★★★★★
Your children tell you that you are always criticizing them. Dont you love us anymore? they ask.

Answered: 1 week ago

Question

★★★★★
Your staff lets you know through an anonymous feedback survey that they think your managerial style leaves something to be desired.

Answered: 1 week ago

Question

★★★★★
Someone in your household complains that you always leave a mess in the bathroom that he or she has to clean up.

Answered: 1 week ago

Previous Question Next Question