I desparetely inevitability comfort beside a ratio problem...please support ASAP!?
Given info:
Loan Loss Reserve for 2005 = $2,251M
Loan Loss Reserve for 2006 = $2,256M
Loan Loss Reserve for 2007 = $2,260M
Total Loans for 2005 = $136,462,000,000
Total Loans for 2006 = $143,597,000,000
Total Loans for 2007 = $153,827,000,000
What is the ratio of Loan Loss Reserves to Total Loans at the end of respectively year? Is the ratio better or worse in 2006 as compared to 2005?
I don't know which one is divided surrounded by which so please help if you can. :)
Answers: total loss is divided into the loss reserve!!
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Loan Loss Reserve for 2005 = $2,251M
Loan Loss Reserve for 2006 = $2,256M
Loan Loss Reserve for 2007 = $2,260M
Total Loans for 2005 = $136,462,000,000
Total Loans for 2006 = $143,597,000,000
Total Loans for 2007 = $153,827,000,000
What is the ratio of Loan Loss Reserves to Total Loans at the end of respectively year? Is the ratio better or worse in 2006 as compared to 2005?
I don't know which one is divided surrounded by which so please help if you can. :)
Answers: total loss is divided into the loss reserve!!