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Suppose First National Bank has $200 million of assets and $20 million of equity capital. If First National Bank has a 2% Return on Assets
Suppose First National Bank has $200 million of assets and $20 million of equity capital. If First National Bank has a 2% Return on Assets (ROA) what is its leverage ratio?
A. 1
B. 2
C. 4
D. 5
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