Professional Documents
Culture Documents
Tax Ratio
Tax Ratio
TAX RATIO:
2014 2013
Taxes)/TR
In the above table, we noticed that the profit margin decreased from 2013 to 2014. PM is
a measure of cost control. Although in 2014 the total expense ratio decreased but the
company weren’t able to control it. This probably pushed the ROA to be lower in 2014
performance such as net interest margin, non interest margin, net operating margin,
burden margin, efficiency ratio and spread. All these ratios were consistent with the