Anytown Bank has the following ratios: a. Profit margin: 21% b. Asset utilization: 11% c. Equity multiplier:

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Anytown Bank has the following ratios:

a. Profit margin: 21%

b. Asset utilization: 11%

c. Equity multiplier: 12X

Calculate Anytown’s ROE and ROA.

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Financial Markets and Institutions

ISBN: 978-0077861667

6th edition

Authors: Anthony Saunders, Marcia Cornett

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Question Posted: Jan 27, 2015 08:40 AM

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Anytown Bank has the following ratios: a. Profit margin: 21% b. Asset utilization: 11% c. Equity multiplier:

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a b c ROA PM x A...View the full answer

Financial Markets and Institutions

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