Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

What is the return on equity for the bank? Amount (Smillions) Amount (millions) Cash 100 Interest Income Inv. Securities 140 Securities 1.568 Net Loans Business

image text in transcribed
What is the return on equity for the bank? Amount (Smillions) Amount (millions) Cash 100 Interest Income Inv. Securities 140 Securities 1.568 Net Loans Business Loans 18.356 Business Loans 520 Mortgages 220 Mortgages 4.642 Installment Loans 115.457 Credit Cards 6.153 Installment Loans 290 Credit Cards 70 Interest Expense Demand Deposits Loan Loss Reserve 19 0.559 Other Assets 60 Savings Accounts 2.205 Total Assets 1400 Time Deposite 8.854 Purchased Funds 7.695 Loan Los Provision 4.180 Demand Deposits Non-Int Bearing Interest Bearing 100 Non-Interest Income 13.206 130 Non-Interest Expense 22.130 350 Capital Gaine/Losses -0.007 Savings Accounts Time Deposits Purchased Funds 380 Before Tax Incore 19.62 270 Taxea 5.016 Me Income 94788 Equity 100 Total Liab and Equity 1400

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

Enhancing Financial Inclusion Through Islamic Finance Volume II

Authors: Abdelrahman Elzahi Saaid Ali , Khalifa Mohamed Ali , Mohamed Hassan Azrag

1st Edition

3030399389,3030399397

More Books

Students also viewed these Finance questions

Question

What is employee contamination? List several reasons for it.

Answered: 1 week ago