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

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 11MCQ: Chasse Building Supply Inc. reported net cash provided by operating activities of $243,000, capital...

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