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If a bank's ratio of assets to capital is 10 and it's return on assets is -2%, what is its return on equity?
If a bank's ratio of assets to capital is 10 and it's return on assets is -2%, what is its return on equity?
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Return on Equity ROE is calculated using the formula ROE Return on Assets ROA Leverag...
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Foundations of Financial Management
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
10th Canadian edition
1259261018, 1259261015, 978-1259024979
