FIN – Return on Assets

| August 14, 2017

Question: Consider a bank with the following balance sheet. You read in the local newspaper that the bank’s return on assets (ROA) was 1 percent. What were the bank’s after-tax profits?Bank Balance Sheet(in thousands)AssetsLiabilitiesReserves$100Deposits$1,000Loans$500Borrowing$0Securities$500Bank Capital$100

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