Balance Sheet (in millions) Assets Liabilities and Eg Cash and due Demand from banks $ 9,000 deposits $ 19,000 Investment securities 23,000 NOW accounts 89,000 Repurchase agreements Loans 42,000...

Megalopolis Bank has the following balance sheet and income statement.

For Megalopolis, calculate:

1. Return on equity


2. Return on assets


3. Asset utilization


4. Equity multiplier


5. Profit margin


6. Interest expense ratio


7. Provision for loan loss ratio


8. Noninterest expense ratio


9. Tax ratio

Extracted text: Balance Sheet (in millions) Assets Liabilities and Eg Cash and due Demand from banks $ 9,000 deposits $ 19,000 Investment securities 23,000 NOW accounts 89,000 Repurchase agreements Loans 42,000 Retail CDs 28,000 19,000 90,000 Debentures Fixed assets 15,000 Total liabilities $155,000 Other assets 4,000 Common stock 12,000 Total assets $183,000 Paid-in capital Retained earnings 4,000 12,000 Total liabilities and equity $183,000 Income Statement $ 9,000 $ 9,000 Interest on fees and loans Interest on fees and loans Interest on investment securities 4,000 Interest on repurchase agreements 6,000 1.000 $20,000 $ 9,000 Interest on deposits in banks Total interest income Interest on deposits 2.000 $11,000 $ 9,000 Interest on debentures Total interest expense Net interest income Provision for loan losses 2,000 Noninterest income 2,000 Noninterest expenses 1.000 Income before taxes $ 8,000 3.00 $ 5,000 Taxes Net income