Calculate its return on equity

Assignment Help Financial Accounting
Reference no: EM132806928

Question - Suppose a bank earns during the whole year of 2019 the following. Calculate its Return on Equity.

Income Before Taxes = 1.05%

Income Tax Rate = 21%

Leverage Ratio = 19

Reference no: EM132806928

Questions Cloud

Determine the payback period for this investment : The company's required rate of return is 15 percent. Determine the payback period for this investment using the format shown in
Who has a bigger balance at the end of five years : Leslie and Mackoy both opened a savings account,Mackay bank is paying him an interest of 8% compounded annually. Who has a bigger balance at the end of 5 years?
Describe the audience and the intended outcome of evaluation : Evaluation and Instructional Objectives. Select a single evaluation type that you believe would be ideal for your project. Describe the audience.
Affinity diagram and root cause analysis : Identify an organizational problem to solve within your current workplace or industry and use an affinity diagram to brainstorm the root causes
Calculate its return on equity : Suppose a bank earns during the whole year of 2019 the following. Income Before Taxes = 1.05%. Calculate its Return on Equity
What net income after taxes would davao make : What net income after taxes would Davao make if it took this order and rejected some business from regular customers so as not to exceed capacity?
Write overview of idea and its components : Disability Law Brochure?Description: Understanding the laws and regulations for providing services to students with disabilities is critical for working.
Find the yield rates : If both bonds mature in the same number of years and the investor yields the same rate on both bonds, find the yield rates
Intentional rating distortion factors : Provide a detailed discussion of the intentional rating distortion factors that may come into play in this situation.

Reviews

Write a Review

Financial Accounting Questions & Answers

  Provide an overview of the financial reports generated

Describe how QuickBooks can be used for a small business to help the business owner manage their company. Provide an overview of the transactions completed. Provide an overview of the financial reports generated.

  Journalize and post the adjusting entries

Journalize and post the adjusting entries. Journalize and post the closing entries. Prepare a post-closing trial balance at January 31, 2017.

  How the charity can increase the income

Determine and Advise on how the Charity can increase its income from commercial activities, fundraising events and donations.

  Which inventory financing can take the form of a

Which Inventory financing can take the form of a? Interest rate is 12% and tax savings (1-0.40) then after-tax component cost of debt will be

  What is the annual future cash flow for this investment

Anderson Corporation is considering investing $180,000 in equipment to produce a new product. Useful service life of the equipment is estimated to be 10 years, with zero salvage value. Straight-line depreciation will be used, i.e., $18,000 a year. Wh..

  What is the difference between spot rates and forward rates

What is the difference between spot rates and forward rates? When is the foreign currency forward rate selling at a premium to the spot rate

  Which would be included in the journal entry to record

Which would be included in the journal entry to record the next contract interest payment which the company pays in cash on April 1, 2017?

  Percent interest in suburbia company

Prime Industries acquired a 70 percent interest in Suburbia Company by purchasing 14,000 of its 20,000 outstanding shares of common stock at book value of $210,000 on January 1, 2016.

  Prepare the journal entry required by Metlock Delight

The franchise agreement is signed on April 1, 2017, training is completed, and the store opens on July 1, 2017. Prepare the journal entry required by Metlock

  What effect will transaction have on the accounting equation

Gizmo Traders, What effect will the transaction have on the accounting equation if Gizmo Traders has a favourable bank balance?

  Which changes result in increase in unlevered free cash flow

Which of the following changes will result in an increase in the unlevered free cash flow (FCF)? Interest rate decreases,Accounts receivable increases

  What is the net cash outflow at the beginning

Heritage has marginal tax rate of 40%. What is the net cash outflow at the beginning of the first year that Heritage should use in a capital budgeting analysis

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd