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Clayfield Bank has the following information (in $million). 2018 2019 ($ million) ($ million) Revenue 12.5 13.7 Net income 4.9 5.3 Assets 445 535 Equity
Clayfield Bank has the following information (in $million). 2018 2019 ($ million) ($ million) Revenue 12.5 13.7 Net income 4.9 5.3 Assets 445 535 Equity 55.5 57 Which of the following statements about Clayfield Bank is CORRECT? Select one: a. From 2018 to 2019, its Return on Equity decreased, Return on Assets decreased, and Leverage Multiplier increased. b. From 2018 to 2019, its Return on Equity increased, Return on Assets decreased, and Leverage Multiplier increased. O c. From 2018 to 2019, its Return on Equity increased, Return on Assets increased, and Leverage Multiplier increased. O d. From 2018 to 2019, its Return on Equity increased, Return on Assets decreased, and Leverage Multiplier decreased
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