Given the following information interest income 3500, interest expense 2700, total assets 14000,.12 security losses or gain (75), earning assets 6781, total liabilities 9005, tax 30 percent, shares of common stock outstanding 3444, non-interest income 80, non-interest expense 130 and O ?provision for loan losses 120. what is the ROE

Financial Accounting
14th Edition
ISBN:9781305088436
Author:Carl Warren, Jim Reeve, Jonathan Duchac
Publisher:Carl Warren, Jim Reeve, Jonathan Duchac
Chapter14: Long-term Liabilities: Bonds And Notes
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Given the following information interest income 3500, interest expense 2700, total assets 14000, 12
security losses or gain (75), earning assets 6781. total liabilities 9005, tax 30 percent, shares of
common stock outstanding 3444, non-interest income 80, non-interest expense 130 and
O ?provision for loan losses 120. what is the ROE
Transcribed Image Text:Given the following information interest income 3500, interest expense 2700, total assets 14000, 12 security losses or gain (75), earning assets 6781. total liabilities 9005, tax 30 percent, shares of common stock outstanding 3444, non-interest income 80, non-interest expense 130 and O ?provision for loan losses 120. what is the ROE
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