d Question 7 Using the stylized balance sheet below, please 1) finish the balance sheet, and 2) use that information to answer the following question, entering your answer in the place provided. Avg. Interest Amount Avg. Interest Amount Demand Vault Cash $1,262 $1,408 Deposits US Treas. Savings 5.51% 2,372 3.46% 9,071 Securities Deposits Consumer/Bus. 5.76% 12,678 CD's 2.34% ???? Loans Mortgage 6.08% 7,692 Borrowings 5.12% 1,600 Loans Property Equipment Total Assets 986 Equity Total Liab.& ???? Equity 3,433 ???? What is the net interest margin the this bank? (Please enter the answer without the % sign-so - so for instance is the answer is 5.67%, then enter just 5.67) 1.565 er 3.13 margin of error +/- 0.05

Quickbooks Online Accounting
3rd Edition
ISBN:9780357391693
Author:Owen
Publisher:Owen
Chapter10: Financial Statements And Reports
Section: Chapter Questions
Problem 3.3C
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d
Question 7
Using the stylized balance sheet below, please 1) finish the balance sheet, and 2)
use that information to answer the following question, entering your answer in the
place provided.
Avg.
Interest
Amount
Avg.
Interest
Amount
Demand
Vault Cash
$1,262
$1,408
Deposits
US Treas.
Savings
5.51%
2,372
3.46%
9,071
Securities
Deposits
Consumer/Bus.
5.76%
12,678
CD's
2.34%
????
Loans
Mortgage
6.08%
7,692
Borrowings
5.12%
1,600
Loans
Property
Equipment
Total Assets
986
Equity
Total Liab.&
????
Equity
3,433
????
What is the net interest margin the this bank? (Please enter the answer without the %
sign-so
- so for instance is the answer is 5.67%, then enter just 5.67)
1.565
er
3.13 margin of error +/- 0.05
Transcribed Image Text:d Question 7 Using the stylized balance sheet below, please 1) finish the balance sheet, and 2) use that information to answer the following question, entering your answer in the place provided. Avg. Interest Amount Avg. Interest Amount Demand Vault Cash $1,262 $1,408 Deposits US Treas. Savings 5.51% 2,372 3.46% 9,071 Securities Deposits Consumer/Bus. 5.76% 12,678 CD's 2.34% ???? Loans Mortgage 6.08% 7,692 Borrowings 5.12% 1,600 Loans Property Equipment Total Assets 986 Equity Total Liab.& ???? Equity 3,433 ???? What is the net interest margin the this bank? (Please enter the answer without the % sign-so - so for instance is the answer is 5.67%, then enter just 5.67) 1.565 er 3.13 margin of error +/- 0.05
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