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Anytown Bank has the following ratios: a. Profit margin: 24% b. Asset utilization: 12% c. Equity multiplier: 8X Calculate Anytowns ROA and ROE. (Do not

Anytown Bank has the following ratios:

a. Profit margin: 24%
b. Asset utilization: 12%
c. Equity multiplier: 8X

Calculate Anytowns ROA and ROE. (Do not round intermediate calculations. Round your answers to 2 decimal places. (e.g., 32.16))

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