Suppose a bank has $10 million in capital,$100 million in assets,and after-tax profit of $2 million.what is its return on assets? What is its return on equity?
Correct Answer:
Verified
View Answer
Unlock this answer now
Get Access to more Verified Answers free of charge
Q47: If you have a checking account at
Q48: When a bank issues a checkable deposit
Q56: Excess reserves equal
A)total reserves less required reserves.
B)required
Q68: If you deposit a $50 check in
Q69: For a bank,the ratio of after-tax profit
Q71: Moral hazard can contribute to high bank
Q75: In order to reduce the likelihood of
Q76: A bank's revenue comes from all of
Q77: The ratio of bank capital to bank
Q78: Compare the characteristics of loans and marketable
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents