Anytown Bank has the following ratios: a. Profit margin 5% b. Asset utilization 20% c. Equity multiplier

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Anytown Bank has the following ratios:

a. Profit margin	5%
b. Asset utilization	20%
c. Equity multiplier	7.75	X

Calculate Anytown's ROE and ROA.

Related Book For answer-question

Financial Markets and Institutions

ISBN: 978-0077861667

6th edition

Authors: Anthony Saunders , Marcia Cornett

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Posted Date: Mar 12, 2021 03:41 AM

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Anytown Bank has the following ratios: a. Profit margin 5% b. Asset utilization 20% c. Equity multiplier

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Financial Markets and Institutions

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