If a bank's ratio of assets to capital is 10 and it's return on assets is -2%,

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If a bank's ratio of assets to capital is 10 and it's return on assets is -2%, what is its return on equity?

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Foundations of Financial Management

ISBN: 978-1259024979

10th Canadian edition

Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta

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Posted Date: Feb 15, 2024 06:52 AM

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If a bank's ratio of assets to capital is 10 and it's return on assets is -2%,

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Return on Equity ROE is calculated using the formula ROE Return on Assets ROA Leverag... View the full answer

Foundations of Financial Management

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