Calculate the net Income


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Based on your reading in the textbook, write your answers to the following questions in a Word document and submit them to the Drop Box as explained below:

Following is a list of accounts:
Services charged on deposit accounts
Retail CDs
Surplus and paid-in capital
Consumer loans
Federal funds sold
Interest on municipals
NOW accounts
Commercial letters of credit
Provision for loan losses

Your task is to classify each of these accounts into one of the following categories. (More than one account will go with some of the categories.)

Off-balance-sheet activities
Answer Problem # 7

following from the information provided:

Return on equity
Return on assets
Profit margin

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