A bank has total assets of $620 million and $68.2 million in equity. The managers of the bank realize that $18.6 million of its $372 million loan...

4. A bank has total assets of $620 million and $68.2 million in equity. The managers of the bank realize that $18.6 million of its $372 million loan portfolio will not be repaid. After the bank charges off these unexpected bad loans the bank’s equity to asset ratio will be _____.

Question: 4. A bank has total assets of $620 million and $68.2 million in equity. The managers of the bank realize that $18.6 million of its $372million loan portfolio will not be repaid. After...