Reference no: EM133183030

Question - Panther Bank has the following balance sheet and income statement information.

Balance Sheet (in millions)
Assets		Liabilities and Equity
Cash	5,000	Demand deposits	50,000
Securities	12,000	NOW accounts	38,050
Reverse repos	10,000	Debentures	23,000
Loans	85,000	Common stock	4,000
Other assets	11,050	Retained earnings	8,000
Total assets	123,050	Total liabilities and equity	123,050

Selected items on income statement (in millions)

Interest income 12,000

Interest expense 7,500

Provision for loan losses 1,500

Noninterest income 3,500

Noninterest expense 2,300

Taxes 1,750

Required - Based on the given information, answer the following FIVE questions:

1. Calculate the return on equity?

2. Calculate the return on assets?

3. Calculate the equity multiplier?

4. Calculate the asset turnover?

5. Calculate the return on sales?