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TASK (BRETURN ON ASSET (16 POINTS) The following information is given: Securities Commercial Loans Real Estate Loans Con
Posted: Wed Mar 09, 2022 8:42 am
by answerhappygod
- Task Breturn On Asset 16 Points The Following Information Is Given Securities Commercial Loans Real Estate Loans Con 1 (56.3 KiB) Viewed 42 times
TASK (BRETURN ON ASSET (16 POINTS) The following information is given: Securities Commercial Loans Real Estate Loans Consumer Loans Interest-bearing Deposits Non-interest-bearing Deposits Long-term Bonds Provision for Loan Losses Extraordinary Item Interest Rate Asset Interest Rate Liability Total Equity Capital Total Asset $980.000 $506.000 $1.940.000 $ 374.000 $567.000 $550.000 $878.000 $150.000 $75.000 9.00% 1.50% $3.312.000 $6.456.000 Instruction: (show the formulas used your calculations and round to 2 decimal places) (a) Calculate the Net Income (b) Calculate the Return on Equity (ROE) and interpret your result in complete sentences. (c) Calculate the Return on Asset (ROA) and interpret your result in complete sentences.