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AFG Bank has a PM of 10 percent, an interest income to total assets ratio of 4.00 percent, anda noninterest income to assets ratio of

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AFG Bank has a PM of 10 percent, an interest income to total assets ratio of 4.00 percent, anda noninterest income to assets ratio of 2.50 percent. AFG also has $12 in assets per dollar in equity capital. Estimate AFG's ROE. 1. 2. The First Bank generates $0.0155 dollars of net income per dollar of assets and it has a profit margin of 12.25 percent. How much operating income per dollar of total assets does First Bank generate

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