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Following data pertains to New Mexico Bank: BALANCE SHEET (LEFT) AND INCOME STATEMENT (RIGHT) What is the Bank's ROE? Round to the nearest two decimals
Following data pertains to New Mexico Bank: BALANCE SHEET (LEFT) AND INCOME STATEMENT (RIGHT) What is the Bank's ROE? Round to the nearest two decimals if needed. Type your answer as a percentage (integer) and not as decimal (i.e. 5.42 and not 0.0542). Do not type the \% symbol. This is an algorithmic question about a fictitious bank. Hence, the answer may be not be plausible for a real bank
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