The First Bank of the Ozarks generates $0.0155 dollars of net income per dollar of assets and it has a profit margin of 12.25 percent. How much operating income per dollar of total assets does First Bank generate?
A) 12.50 percent
B) 12.65 percent
C) 12.75 percent
D) 12.85 percent
E) 12.95 percent
Correct Answer:
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A)Offering long-term
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