Question: Using the information listed below for Carter State Bank, what is this bank's ROA? Net income $55 million Total operating revenue $650 million Total assets

Using the information listed below for Carter State Bank, what is this bank's ROA? Net income $55 million Total operating revenue $650 million Total assets $4,055 million Total equity capital $350 million A) 8.46 percent B) 16.03 percent C) 15.71 percent D) 1.36 percent E) None of the above

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