You have been given the below financial information about Milwaukee Bank and Trust. Please calculate the Fee Ratio. Please express your answer as a percentage to the first digit without the percentage sign. Balance Sheet Balance Sheet Income Statement Income Statement Category Value ($ millions) Category Value ($millions) Total Assets $250 Interest Income $15 Interest- $200 Interest Expense $8 Earning Assets Loan Loss Total Equity $25 $1 Provision Non-interest $3 Income Non-Interest $5 Expense 1.2

Intermediate Accounting: Reporting And Analysis
3rd Edition
ISBN:9781337788281
Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach
Chapter6: Cash And Receivables
Section: Chapter Questions
Problem 13GI
Question

am. 117.

You have been given the below financial information about Milwaukee Bank and
Trust. Please calculate the Fee Ratio. Please express your answer as a
percentage to the first digit without the percentage sign.
Balance Sheet
Balance Sheet
Income Statement Income Statement
Category
Value ($ millions)
Category
Value ($millions)
Total Assets
$250
Interest Income $15
Interest-
$200
Interest Expense $8
Earning Assets
Loan Loss
Total Equity
$25
$1
Provision
Non-interest
$3
Income
Non-Interest
$5
Expense
1.2
Transcribed Image Text:You have been given the below financial information about Milwaukee Bank and Trust. Please calculate the Fee Ratio. Please express your answer as a percentage to the first digit without the percentage sign. Balance Sheet Balance Sheet Income Statement Income Statement Category Value ($ millions) Category Value ($millions) Total Assets $250 Interest Income $15 Interest- $200 Interest Expense $8 Earning Assets Loan Loss Total Equity $25 $1 Provision Non-interest $3 Income Non-Interest $5 Expense 1.2
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