9. Anytown bank has the following ratios: ( LG 12-5) Profit margin: 21% Asset utilization: 11% Equity

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9. Anytown bank has the following ratios: ( LG 12-5)

Profit margin: 21%

Asset utilization: 11%

Equity multiplier: 12X Calculate Anytown’s ROE and ROA.

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Financial Markets And Institutions

ISBN: 9780071086745

5th International Edition

Authors: Anthony Saunders, Marcia Cornett

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