Question: Please could you solve it with steps and how we find it Question 27 30.123 60000 12000 5000 71.919 21000 Following is the extracted information
Question 27 30.123 60000 12000 5000 71.919 21000 Following is the extracted information from financial reports of Thirteen Bark (Ta), a hypothetical company, for the year 1998 Current assets USD Current Liabilities USD Income Statement (Selected Items) Cash and due from other banks 50000 Demand Deposits 35000 Interest received on toes and loans Reverse repurchase agreements Propos) 3000 Time deposits 65000 Interest received time deposits and treasures Time deposits 7000 Now accounts 289000 Interest income from Rrepos & Inw. Securities Treasury Balls 100000 Debentures 28000 Total Interest Income Marketable securities 5000 Marketable securities 5000 Interest paid on debentures Commercial Papers 4000 Interest paid on Now accounts Long-Term Assets Long-Term Liabilities Interest expense on LT Debt & MKT, Securities Loans 150000 Long Term debt (including lease) 60000 Total Interest expense Investment Securities 50000 Common Stock 23000 Non-Interest Income Fixed assets 25000 Preferred stock 20000 Non-Interest Expense Investments in properties 50000 Pald-in Capital 8000 Provision for loan and lease losses Other assets 60000 Retained earnings 70000 Net Income Treasury Bonds 99000 Total Equity 121000 Total Assets 603000 Liabilities and owner's equity 603000 10000 11000 12000) 50000 Using the above information of TB for the Year 1998, calculate the spread for the bank Please write your answer rounded to THREE Decimal Places A Moving to another question will save this response
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