How do you calculate banks undivided profits?

liigo Finance 54

  Gross Loans $300

How do you calculate banks undivided profits?-第1张图片-liigo

  Miscellaneous Assets $50

  Deposits $390

  Total Equity $50

  Common Stock Par $5

  Non-Deposit Borrowings $60

  Investment Securities $150

  Net Premises $40

  Surplus $5

  Allowance for Loan Losses $50

  Deposits $390

  Total Assets $500

  Gross Premises $70

  Given this information, what is this firm's Undivided

  Profits?

  A) $50

  B) $5

  C) $10

  D) $40

  E) $450