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WA Bank: Balance Sheet accounts Profit & Loss items as at Dec 31st 2020 for the year ending Dec 31 2020 Cash (on hand) $8m

WA Bank: Balance Sheet accounts Profit & Loss items

as at Dec 31st 2020 for the year ending Dec 31 2020

Cash (on hand)

$8m

Interest Expense

$3m

Current Liabilities

$60m

Tax @ 30%

$0.6m

Short-term retail loans

$60m

Operating Profit after Tax

$1.4m

Non-current Liabilities

$23m

Interest Revenue

$7m

Long-term commercial loans

$20m

Overheads

$2m

Fixed Assets

$2m

Operating Profit before Tax

$2m

Ordinary Shares

$3m

Retained Profits

$4m

Given the above information, what is WAs asset utilisation yield?

1.59%

7.95%

7.78%

2.22%

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