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School

University of Wisconsin, Milwaukee *

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Course

455

Subject

Finance

Date

Jan 9, 2024

Type

jpeg

Pages

1

Uploaded by loukhangmke

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Question 1 2/ 2 pts You have been given the below financial information about Milwaukee Bank and Trust. Please calculate the ROA assuming a 30% tax rate. Please express your answer as a percentage to the second digit without the percentage sign. Balance Sheet Balance Sheet Value (s Income Statement Income Statement Value Category millions) Category ($millions) Total Assets $250 Interest Income $15 Interest-Earning $200 Interest Expense $8 Assets Total Equity $25 Loan Loss Provision |$1 Non-interest Income [$3 Non-Interest $5 Expense 1 | Correct Answers » 1.12 (with margin: 0.1)
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