You are provided with the following information: a bank has a net income after taxes of
$3.5 million; it has assets of $150 million; and bank capital of $12.5 million. What is the bank's return on assets; its return on equity, and its debt-to-equity ratio?

Question

Quizplus · Accepted Answer

The Answer of You are provided with the following information: a bank has a net income after taxes of
$3.5 million; it has assets of $150 million; and bank capital of $12.5 million. What is the bank's return on assets; its return on equity, and its debt-to-equity ratio?

You Are Provided with the Following Information: a Bank Has