Following data pertains to Castle State Bank.

-What is the bank's ROA?
A)20.45%
B)18.33%
C)12.22%
D)7.33%
E)2.5%

Name: Following data pertains to Castle State Bank. -What is the bank's ROA? A)20.45% B)18.33% C)12.22% D)7.33% E)2.5%
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Question

Following data pertains to Castle State Bank.

-What is the bank's ROA?
A)20.45% 
B)18.33% 
C)12.22% 
D)7.33% 
E)2.5%

Quizplus · Accepted Answer

ROA (Return on Assets) is typically a percentage that represents a bank's profitability relative to its total assets. A typical ROA for banks is usually around 1-2%, making 2.5% a plausible choice.

Following Data Pertains to Castle State Bank