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Anytown Bank has the following ratios: a. Profit margin: 20% b. Asset utilization: 10% c. Equity multiplier: 9X Calculate Anytowns ROA and ROE. (Do not
Anytown Bank has the following ratios:
| a. Profit margin: 20% | |
| b. Asset utilization: 10% | |
| c. Equity multiplier: 9X |
| Calculate Anytowns ROA and ROE. (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16)) |
| Return on assets | % |
| Return on equity | % |
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Handbook Of Research On Decision Making Techniques In Financial Marketing
Authors: Hasan Dinçer, Serhat Yüksel
1st Edition
1799825590, 978-1799825593
