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Harrison Bank has the following financial information. Net Profit Margin 12.5% Net Income $1000 Total Assets $62,500 Total Equity $6250 What is this bank's Equity

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Harrison Bank has the following financial information. Net Profit Margin 12.5% Net Income $1000 Total Assets $62,500 Total Equity $6250 What is this bank's Equity Multiplier Select one: a. None of the above b. 1.6 times c. 16 times d. 10 times e. 12.8 times

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