4- DHC Bank has ROE of 23%, capitalization ratio 21%, net interest margin 13% and tax rate is 40%. If the total interest income is 350,000 exceeding the total interest expense by 15%. The pretax net operating income is $88,000, security loss $10,100 and extraordinary gain $1,020. Then how much is the percentage of earning assets from the total assets?* a-31.52% b-35.20% C-28.92% d-20.79% e- None of the above

4- DHC Bank has ROE of 23%, capitalization ratio 21%, net interest margin 13% and tax rate is 40%. If the total interest income is 350,000 exceeding the total interest expense by 15%. The pretax net operating income is $88,000, security loss $10,100 and extraordinary gain $1,020. Then how much is the percentage of earning assets from the total assets?* a-31.52% b-35.20% C-28.92% d-20.79% e- None of the above

Intermediate Financial Management (MindTap Course List)

13th Edition

ISBN:9781337395083

Author:Eugene F. Brigham, Phillip R. Daves

Publisher:Eugene F. Brigham, Phillip R. Daves

Chapter6: Accounting For Financial Management

Section: Chapter Questions

Problem 3P

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