The net profit after taxes of a bank was Ksh. 540,000 and the total assets were valued at Ksh. 2,000,000. The equity capital was Ksh. 1,000,000 while operating expenses added up to Ksh. 250,000. 

required; Calculate:          

1. Return on assets (ROA)
2. Return on equity (ROE)
3. Equity multiplier (EM)

Answer rating: 100% (QA)

To calculate the Return on Assets ROA Return on Equity ROE and Equity Multiplier ... View the full answer