how can I calculate EAT= Earning after taxes?
thank u
how can I calculate EAT= Earning after taxes?
thank u
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The financial statements for MHM Bank (MHM) are shown below:
a. Calculate MHMâs total operating income (3 points).
b. Calculate MHMâs asset utilization ratio (3 points).
c. Calculate MHMâs ROA (3 points).
d. Calculate the dollar value of MHMâs earning assets (3 points).
e. Calculate the dollar value of MHMâs interest-bearing liabilities (3 points).
f. Calculate MHMâs spread (3 points).
g. Calculate MHMâs net interest margin (3 points).
h. Calculate MHMâs interest expense ratio (3 points).
Please show all work adn explantions, thank you
Balance Sheet MHM Bank | |||||||||
Assets | Liabilities and Equity | ||||||||
Cash and due from banks | $ | 8,200 | Demand deposits | $ | 35,600 | ||||
Demand deposits at other FIs | 9,100 | Small time deposits | 32,900 | ||||||
Investments | 9,600 | Jumbo CDs | 12,000 | ||||||
Federal funds sold | 9,400 | Federal funds purchased | 3,300 | ||||||
Loans (less reserve for loan losses of 10,400) | 74,800 | Other liabilities | 16,200 | ||||||
Premises | 8,900 | Equity | 20,000 | ||||||
Total assets | $ | 120,000 | Total liabilities/equity | $ | 120,000 |
Income Items for MHM Bank | |
Interest income | $ 9,380 |
Interest expense | 3,856 |
Provision for loan losses | 7,800 |
Noninterest income | 6,044 |
Noninterest expense | 4,300 |
Taxes (credit) | - 132 |