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Q1- Using the following information for ABC bank for December 2022: Salaries and wages Securities gains (losses) Taxes Interest on loans Interest on securities and

Q1- Using the following information for ABC bank for December 2022: Salaries and wages
Securities gains (losses)
Taxes
Interest on loans
Interest on securities and investments
Interest expense
Service charges and fees
Other operating income Total Loans
Total Liability
$500,000 $1,00,000 $500,000 $1,000,000 $230,000
$700,000 $550,000
$220,000 $2,000,000 $750,000
A- Prepare the income
B- What is the net interest margin? What does this ratio refer to?
C- Calculate the total Return on asset (ROA) and return on liability (ROE). What do these
ratios indicate?

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