Anytown bank has the following ratios: a. Profit margin:

Anytown bank has the following ratios: a. Profit margin: 28% b. Asset utilization: 16% c. Equity multiplier: 7X Calculate Anytown’s ROA and ROE. (Do not round intermediate calculations. Round your answers to 2 decimal
places. (e.g., 32.16)) Return on assets % Return on equity %


 

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