Question: I need the correct answer to this general accounting problem using the standard accounting approach. Sterling Bank has a leverage ratio of 0.25 and reports

I need the correct answer to this general accounting problem using the standard accounting approach.

Sterling Bank has a leverage ratio of 0.25 and reports a return on capital (ROA) of 6%. What is Sterling Bank's return on equity (ROE)? A) 15% B) 18% C) 24% D) 1.2%

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