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c) The net profit after taxes of a bank was Ksh. 540,000 and the total assets were valued at Ksh. 2,000,000. The equity capital was

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c) The net profit after taxes of a bank was Ksh. 540,000 and the total assets were valued at Ksh. 2,000,000. The equity capital was Ksh. 1,000,000 while operating expenses added up to Ksh. 250,000 . Calculate: (9 Marks) i) Return on assets (ROA) ii) Return on equity (ROE) iii) Equity multiplier (EM)

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