Everytown Bank has the following ratios: (LG 12-5) a. Profit margin: 5% b. Asset utilization: 20% c.

Question:

Everytown Bank has the following ratios: (LG 12-5)

a. Profit margin: 5%

b. Asset utilization: 20%

c. Equity multiplier: 7.75×

Calculate Everytown’s ROE and ROA.

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