Question
You have the following information about the ratios of ABC bank: ROE = 20.5%, Revenue = $21,000,000, Equity = $6,000,000, Current liabilities = $3,000,000, non-current
You have the following information about the ratios of ABC bank: ROE = 20.5%, Revenue = $21,000,000, Equity = $6,000,000, Current liabilities = $3,000,000, non-current liabilities = $2,000,000. What is after-tax operating income?
Select one: a. $10,000,000 b. $16,000,000 c. $1,230,000 d. $4,305,000
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Finance for Non Financial Managers
Authors: Pierre Bergeron
7th edition
176530835, 978-0176530839
