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Compute the 2004 values for the return-on-equity model: 2004 Ratio Return on equity Return on assets Equity multiplier Profit margin Salary & benefits/revenues Occ.

Compute the 2004 values for the return-on-equity model: 2004 Ratio Return on equity Return on assets Equity multiplier Profit margin Salary & benefits/revenues Occ. expenses/revenues Misc. expenses/revenues Asset utilisation Federal's Peer Group 15.00% 1.44% 10.4X 14.80% 27.23% 7.94% 3.12% 9.70%

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