Calculate ROE Interest Income 740,000 Non Interest Income 210,000 Interest Expenses 430,000 Non Interest Expenses 250,000 Tax

Calculate ROE 

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Interest Income 740,000 Non Interest Income 210,000 Interest Expenses 430,000 Non Interest Expenses 250,000 Tax Rate 10% Provision for loan losses 9,000 TOTAL ASSETS 3,355,714 TOTAL EQUITY 1,118,571 CALCULATE ROE PRESENT YOUR ANSWER AS % ROUNDED TO O DECIMAL PLACES. DON'T USE THE PERCENTAGE SYMBOL EX. IF YOUR ANSWER IS 34%, JUST WRITE 34 Interest Income 740,000 Non Interest Income 210,000 Interest Expenses 430,000 Non Interest Expenses 250,000 Tax Rate 10% Provision for loan losses 9,000 TOTAL ASSETS 3,355,714 TOTAL EQUITY 1,118,571 CALCULATE ROE PRESENT YOUR ANSWER AS % ROUNDED TO O DECIMAL PLACES. DON'T USE THE PERCENTAGE SYMBOL EX. IF YOUR ANSWER IS 34%, JUST WRITE 34

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To calculate the Return on Equity ROE we can use the formula ROE Net Income Average Shareh... View the full answer