Anytown bank has the following ratios: (LG 12-5) a. Profit margin: 21% b. Asset utilization: 11% c.
Question:
Anytown bank has the following ratios: (LG 12-5)
a. Profit margin: 21%
b. Asset utilization: 11%
c. Equity multiplier: 12X Calculate Anytown's ROE and ROA.
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Related Book For 
Financial Markets And Institutions
ISBN: 9780078034664
5th Edition
Authors: Anthony Saunders, Marcia Cornett
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