You are given selected information about a bank. Write a short memo or report that:...
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Accounting
You are given selected information about a bank. Write a short memo or report that: 1) Creates a balance sheet and an income statement for the bank that puts the items in their proper order and category 2) Find the ROAA and ROAE for the bank Submit as a word document. Information: Bank Premises & Fixed Assets $50m Interest Income from Leases $5m Investments $30m Interest Payment on Deposits $30m Interest-Bearing Deposits $700m Equity Capital $120m Cost of Premises and Equipment $12 Non-Interest-Bearing Deposits $100m Borrowed Funds $20m Salaries and Employee Benefits $10m Cash Assets $60m Cash Assets $60m Interest Income from Loans $60m Loans $800m Non-Interest Income $5m Interest Payment on Borrowed Money $2m


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