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A bank estimates that its total revenues will amount to 155

Question: A bank estimates that its total revenues will amount to $155 million and its total expenses (including taxes) will equal $107 million this year. Its liabilities total $4,960 million while its equity capital amounts to $52 million. What is the bank return on assets? Is this ROA high or low? How could you find out?

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Finance Basics: A bank estimates that its total revenues will amount to 155

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Finance Basics: A bank estimates that its total revenues will amount to 155

Reference No:- TGS02512938

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