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Harrison Bank has the following financial information: ROE = 16% Net profit margin = 12.5% Net Income $1000 Total assets = $62,500 Total equity-
Harrison Bank has the following financial information: ROE = 16% Net profit margin = 12.5% Net Income $1000 Total assets = $62,500 Total equity- $6250 1- What is the bank's asset utilization ratio? 2- What is the bank's total operating revenue?
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SOLUTION The asset utilization ratio AUR measures how efficiently a company is using its assets to generate revenue It is calculated as AUR Revenue To...
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Financial Markets and Institutions
Authors: Anthony Saunders, Marcia Cornett
6th edition
9780077641849, 77861663, 77641841, 978-0077861667
