The Following Financial Information Pertains to Harrison Bank -What Is the Bank's Equity Multiplier?
A)1

question 42

Multiple Choice

The following financial information pertains to Harrison Bank.
$\begin{array} { c r } \text { Net Profit Margin } & 12.5 \% \\\text { Net Income } & \$ 1000 \\\text { Total Assets } & \$ 62,500 \\\text { Total Equity } & \$ 6250\end{array}$
-What is the bank's equity multiplier?

• A)1.6 times
• B)10 times
• C)12.8 times
• D)16 times
• E)None of the options is correct

---

Definitions:

Sex Chromosomes

Chromosomes involved in determining the gender of an organism, typically one pair per organism, such as X and Y chromosomes in humans.

Female

An individual of the species that is typically characterized by the production of eggs or ovum and, in mammals, possession of two X chromosomes.

Linked Genes

Genes located close together on the same chromosome that tend to be inherited together.

Independent Assortment

A principle of genetics stating that genes for different traits are distributed to sex cells (& gametes) independently of one another.