UTILIZE THE ATTACHED SPREADSHEET TO COMPLETE YOUR ANSWER.

1. Calculate the 7 ratios (7 MARKS)
2. Explain if Royal Bank is more/less productive (3 MARKS)

Revenue factorRevenue/FTEExpense factorNon-Interest expense/FTEIncome factorRevenue- Non-Interest expense/FTEHuman Capital Value Added(Revenue-salaries and employee benefits*)/FTEHuman Capital ROIRevenue-salaries and employee benefits*/Salaries and employee benefits*Compensation revenue ratioSalaries and employee benefits*/revenueCompensation expense ratioSalaries and employee benefits*/operating expense *USE THE HUMAN RESOURCES LINE ITEM AMOUNTS ON THE RBC HIGHLIGHTS PDF

20222021REVENUE NON INTEREST EXPENSE INCOME SALARIES FTE REVENUE FACTOR EXPENSE FACTOR INCOME FACTOR HC ADDED FACTOR HUMAN CAPITAL ROI COMPENSATION REVENUE RATIO COMPENSATION EXPENSE RATIO