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Please answer the two following questions: 1- Please prepare a bank balance sheet and income statement using the following information: Interest Income $500 Deposits 130
Please answer the two following questions: 1- Please prepare a bank balance sheet and income statement using the following information: Interest Income $500 Deposits 130 Bank Capital 20 Provision for loan loss 40 Loans 100 Non-interest expense 50 Securities 25 Cash on hand 10 Interest Expense 100 Bank Reserves 45 Non-interest income 75 Borrowed funds 30 Income tax expense (%) 20% 2- What is the ROA and ROE?
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