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The following information is for Smiling Merchants National Bank: Calculate ROA. Hints: Remember the following: net income = net interest income + net noninterest income
The following information is for Smiling Merchants National Bank: Calculate ROA. Hints: Remember the following: net income = net interest income + net noninterest income - Provisions for loan losses + security gains - income taxes net interest income = interest income - interest expense net noninterest income = noninterest income - noninterest expense 0.45% 0.68% 0.72% 0.80% 0.90%
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