Bank A (Dollars in Millions) Assets Cash Securities Loans Others Total $ 850 1,925 5,400 975 $ 9,150 Income Statement Interest income on loans Interest income on securities Interest expense Noninterest income Nonincome expense Provision for loan loss Taxes NI The bank's ROA IS: Multiple Choice 0.89 percent. 1.31 percent. Liability and Equity Deposits Other Borrowing Equity Total None of these choices are correct. 1.78 percent. 1.26 percent. $ 450 95 246 78 112 35 115 $ 115 $ 6,475 1,645 1,030 $ 9,150
Bank A (Dollars in Millions) Assets Cash Securities Loans Others Total $ 850 1,925 5,400 975 $ 9,150 Income Statement Interest income on loans Interest income on securities Interest expense Noninterest income Nonincome expense Provision for loan loss Taxes NI The bank's ROA IS: Multiple Choice 0.89 percent. 1.31 percent. Liability and Equity Deposits Other Borrowing Equity Total None of these choices are correct. 1.78 percent. 1.26 percent. $ 450 95 246 78 112 35 115 $ 115 $ 6,475 1,645 1,030 $ 9,150
Financial Accounting: The Impact on Decision Makers
10th Edition
ISBN:9781305654174
Author:Gary A. Porter, Curtis L. Norton
Publisher:Gary A. Porter, Curtis L. Norton
Chapter12: The Statement Of Cash Flows
Section: Chapter Questions
Problem 12.2DC
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