WA Bank: Balance Sheet accounts as at Dec 31st 2020 Profit & Loss items for the...

 

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WA Bank: Balance Sheet accounts as at Dec 31st 2020 Profit & Loss items for the year ending Dec 31 2020 Cash (on hand) $8m Interest Expense $3m Current Liabilities $60m Tax @ 30% $0.6m Short-term retail loans $60m Operating Profit after $1.4m Tax Non-current Liabilities $23m Interest Revenue $7m Long-term commercial $20m Overheads $2m loans Fixed Assets $2m Operating Profit before $2m Tax Ordinary Shares $3m Retained Profits $4m What is WA Bank's leverage multiplier? WA Bank: Balance Sheet accounts as at Dec 31st 2020 Profit & Loss items for the year ending Dec 31 2020 Cash (on hand) $8m Interest Expense $3m Current Liabilities $60m Tax @ 30% $0.6m Short-term retail loans $60m Operating Profit after $1.4m Tax Non-current Liabilities $23m Interest Revenue $7m Long-term commercial $20m Overheads $2m loans Fixed Assets $2m Operating Profit before $2m Tax Ordinary Shares $3m Retained Profits $4m What is WA Bank's leverage multiplier?