Question
Anytown Bank has the following ratios: a. Profit margin 5% b. Asset utilization 20% c. Equity multiplier 7.75 X Calculate Anytown's ROE and ROA.
Anytown Bank has the following ratios:
a. Profit margin | 5% | ||
b. Asset utilization | 20% | ||
c. Equity multiplier | 7.75 | X |
Calculate Anytown's ROE and ROA.
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Financial Markets and Institutions
Authors: Anthony Saunders, Marcia Cornett
6th edition
9780077641849, 77861663, 77641841, 978-0077861667
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