A bank has a net income after taxes of 35 million assets of


A bank has a net income (after taxes) of $3.5 million; assets of $150 million; and bank capital of $12.5 million. What is the bank’s (i) return on equity; (ii) return on assets; and (iii) debt-to-equity ratio? Show your work.

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Business Economics: A bank has a net income after taxes of 35 million assets of
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