Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Please solve As soon as Solve quickly i get you thumbs up directly Thank's Abdul-Rahim Taysir 2. if you have the following information NI= $726,949TA

Please solve As soon as Solve quickly i get you thumbs up directly Thank's Abdul-Rahim Taysir

image text in transcribed

image text in transcribed

2. if you have the following information NI= $726,949TA = $48,025,306 TE = $3,188,880 SALES = $3,120,159 (2 points) 20.11% 18.49% O 22.80% 19,37% 12. Given the following information of ABC bank The bank has 10.5 m in consumer loans, real estate loans 30.75 m, pension fund contribution 2.5 m commercial loans 17.25 m, international loans 45.25 m and leases 33.75 m. The average interest earning is 4.5%, 7.5%, 1%, 9%, 5.5% and 2.5% respectively. cost of furniture 16m, recoveries 15m, miscellaneous fees and charges stemming from other services sold to customers 40m, interest on federal fund sold 33m, bank premises 26m, security gain or loss (15)m, rent 31m, charge-off loans 79m, cash in the vault 34m, interest on repurchase agreement 24m, net loans 400m, interest on issuing commercial paper 7m other interest income 111m, wages and salaries 21m, employee benefits 15m, other expenses 77m, trust departing income 10m, provision for loan losses 47m, financial planning interest 33m, taxes 30 percent, interest on check books 4m, and interest on deposits 239m. Kindly find net income after tax (5 Points) Enter your answer 2. if you have the following information NI= $726,949TA = $48,025,306 TE = $3,188,880 SALES = $3,120,159 (2 points) 20.11% 18.49% O 22.80% 19,37% 12. Given the following information of ABC bank The bank has 10.5 m in consumer loans, real estate loans 30.75 m, pension fund contribution 2.5 m commercial loans 17.25 m, international loans 45.25 m and leases 33.75 m. The average interest earning is 4.5%, 7.5%, 1%, 9%, 5.5% and 2.5% respectively. cost of furniture 16m, recoveries 15m, miscellaneous fees and charges stemming from other services sold to customers 40m, interest on federal fund sold 33m, bank premises 26m, security gain or loss (15)m, rent 31m, charge-off loans 79m, cash in the vault 34m, interest on repurchase agreement 24m, net loans 400m, interest on issuing commercial paper 7m other interest income 111m, wages and salaries 21m, employee benefits 15m, other expenses 77m, trust departing income 10m, provision for loan losses 47m, financial planning interest 33m, taxes 30 percent, interest on check books 4m, and interest on deposits 239m. Kindly find net income after tax (5 Points) Enter your

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

Financial And Insurance Formulas

Authors: Tomas Cipra

2010th Edition

3790829013, 978-3790829013

More Books

Students also viewed these Finance questions

Question

e. What difficulties did they encounter?

Answered: 1 week ago