The following information for Rainbow National Bank are given: Report of Income Tk. Interest income 1,250 Interest expense 500 Total assets 40,000 Securities losses or gains 1,000 Earning assets 30,000 Total liabilities 30,000 Taxes paid 1,000 Shares of common stock outstanding 3,000 Noninterest income 8,000 Noninterest expense 6,000 Provision for loan losses 2,500 Calculate: ROE, ROA, net interest margin, earnings per share, net noninterest margin and net operating margin.
The following information for Rainbow National Bank are given: Report of Income Tk. Interest income 1,250 Interest expense 500 Total assets 40,000 Securities losses or gains 1,000 Earning assets 30,000 Total liabilities 30,000 Taxes paid 1,000 Shares of common stock outstanding 3,000 Noninterest income 8,000 Noninterest expense 6,000 Provision for loan losses 2,500 Calculate: ROE, ROA, net interest margin, earnings per share, net noninterest margin and net operating margin.
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter11: The Statement Of Cash Flows
Section: Chapter Questions
Problem 13MCQ
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The following information for Rainbow National Bank are given:
Report of Income Tk.
Interest income 1,250
Interest expense 500
Total assets 40,000
Securities losses or gains 1,000
Earning assets 30,000
Total liabilities 30,000
Taxes paid 1,000
Shares of common stock outstanding 3,000
Noninterest income 8,000
Noninterest expense 6,000
Provision for loan losses 2,500
Calculate:
ROE,
operating margin.
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