Question: Ratio Analysis: Based on the following information from Big Dolla Bank, what is the ROE for the year 2020? Year-end 2020: Net Income = $275,000

Ratio Analysis: Based on the following information from Big Dolla Bank, what is the ROE for the year 2020? Year-end 2020: Net Income = $275,000 Total Debt $2.25 million Debt Ratio 50% (Do not round intermediate calculations. Input your final answer as a percent. Round your answer to 2 decimal places. (e.g., percent sign with your answer.) Numeric Response

Ratio Analysis: Based on the following information from Big Dolla Bank, what is the ROE for the year 2020 ? Year-end 2020: Net Income =$275,000 Total Debt =$2.25 million Debt Ratio =50% (Do not round intermediate calculations. Input your final answer as a percent. Round your answer to 2 decimal places. (e.g. percent sign with your answer.)

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