Harrison Bank has the following financial information: ROE = 16% Net profit margin = 12.5% Net...

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Harrison Bank has the following financial information: ROE = 16% Net profit margin = 12.5% Net Income $1000 Total assets = $62,500 Total equity- $6250 1- What is the bank's asset utilization ratio? 2- What is the bank's total operating revenue? Harrison Bank has the following financial information: ROE = 16% Net profit margin = 12.5% Net Income $1000 Total assets = $62,500 Total equity- $6250 1- What is the bank's asset utilization ratio? 2- What is the bank's total operating revenue?

Answer rating: 100% (QA)

SOLUTION The asset utilization ratio AUR measures how efficiently a company is using its assets to generate revenue It is calculated as AUR Revenue To... View the full answer