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Anytown Bank has the following ratios: a. Profit margin: 22% b. Asset utilization: 12% c. Equity multiplier: 13X Calculate Anytowns ROA and ROE. (Do not
| Anytown Bank has the following ratios: |
| a. Profit margin: 22% | |
| b. Asset utilization: 12% | |
| c. Equity multiplier: 13X |
| 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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Real Estate Finance
Authors: Sherry Shindler Price
1st Edition
0934772185, 9780934772181
