Question: please show how we got 12.8% for asset uitlization ratio Harrison Bank has the following financial information ROE Net Income Total Assets Total Equity 16%

please show how we got 12.8% for asset uitlization ratio

Harrison Bank has the following financial information ROE Net Income Total Assets Total Equity 16% $1000 $62,500 $6250 What is the bank's asset utilization ratio? 1.6% B. 10% C. 12.8% D. 16% None of the options is correct

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