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
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
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fc0851246-09a7-4300-9533-ee6f0e52ed63%2F0d9851bc-5d12-4e0d-b7dc-cea4c475f666%2Fg2huwvm_processed.jpeg&w=3840&q=75)
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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