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Following data pertains to Castle State Bank. Balance Sheet: Cash 104.495, Securities 607.964, Net loans 1195.54, Net premises 304.652; Deposits 1106.89, Non-deposit borrowings 801.255, Common stock $10.757, Surplus $122.013; Income Statement: Interest Income 405.645, Interest expense 204.821, Noninterest income 50.147, Noninterest expense 97.305, Provision for loan losses 60.219, Securities gains (losses if negative) -8.018, Taxes 47.585. What is Castle State Bank's tax management efficiency ratio? Decimalize your answers, round to four decimals.
Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..
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