Question
when calculating the interest expense ratio from the income statement of a bank: I know it is Total Interest Expense / Total Income..... BUT, data
when calculating the interest expense ratio from the income statement of a bank: I know it is Total Interest Expense / Total Income..... BUT, data given is: Total Interest Income = $58k, Total non interest income = $26k, and Net Income = $16K..... Which Income number is to be used as the divisor to calculate the ratio? $16k, $58k or $84k (58+26)?
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Principles Of Finance
Authors: Besley, Scott Besley, Eugene F Brigham, Brigham
4th Edition
0324655886, 9780324655889
