Use the following to answer questions 34-39: Bank A (Dollars in Millions) Assets Cash Securities Loans Other Total $760 1,800 5,200 975 $8,735 Income Statement Interest Income on Loans Interest Income on Securities Interest Expense Non-interest Income Non-interest Expense Provision for Loan Loss Taxes NI 34. The bank's ROA is A) 1.31% B) 1.78% C) 1.65% D) 0.89% E) None of the above Liability and Equity Deposits Other Borrowing Equity Total $375 95 215 CATA 65 112 19 75 $114 $6,875 997 863 $8,735

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Give an Answer with an Explanation, And also give Correct and incorrect answers Explanation

Use the following to answer questions 34-39:
Bank A (Dollars in Millions)
Assets
Cash
Securities
Loans
Other
Total
$ 760
1,800
5,200
975
$8,735
Income Statement
Interest Income on Loans
Interest Income on Securities
Interest Expense
Non-interest Income
Non-interest Expense
Provision for Loan Loss
Taxes
NI
34. The bank's ROA is
A) 1.31%
B) 1.78%
C) 1.65%
Liability and Equity
Deposits
Other Borrowing
Equity
Total
$375
95
215
65
112
19
75
$114
D) 0.89%
E) None of the above
Answer: A Page: 371 Level: Easy
$6.875
997
863
$8,735
Transcribed Image Text:Use the following to answer questions 34-39: Bank A (Dollars in Millions) Assets Cash Securities Loans Other Total $ 760 1,800 5,200 975 $8,735 Income Statement Interest Income on Loans Interest Income on Securities Interest Expense Non-interest Income Non-interest Expense Provision for Loan Loss Taxes NI 34. The bank's ROA is A) 1.31% B) 1.78% C) 1.65% Liability and Equity Deposits Other Borrowing Equity Total $375 95 215 65 112 19 75 $114 D) 0.89% E) None of the above Answer: A Page: 371 Level: Easy $6.875 997 863 $8,735
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