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(TCO C)Oceanside bank converts a dollar of equity into 10 cents of net income and has $9.50 in assets per dollar of equity capital.Oceansidealso has
(TCO C)Oceanside bank converts a dollar of equity into 10 cents of net income and has $9.50 in assets per dollar of equity capital.Oceansidealso has a profit margin of 15%.What isOceanside'sAU ratio?
1.05%
3.55%
5.56%
6.45%
7.02%
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