Question: (2)Given the following data for a bank: Assets = 100 million net profit= 1 million Equity capital = 10 million Calculate: 1) Return on assets
(2)Given the following data for a bank: Assets = 100 million net profit= 1 million Equity capital = 10 million Calculate: 1) Return on assets 2) equity multiplier 3) Return on equity 4) What is the basic trade off, bank management must decide
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