Suppose a Bank Has $10 Million in Capital,$100 Million in Assets,and

question 30

Essay

Suppose a bank has $10 million in capital,$100 million in assets,and after-tax profit of $2 million.what is its return on assets? What is its return on equity?

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Definitions:

Social ties

Relationships and connections between individuals or communities, including familial, friendship, and professional interactions, which provide social support and impact well-being.

Drinking water

Water that is safe for human consumption, free from contaminants, and essential for health and survival.

Virtual communities

Online networks of individuals who share interests, ideas, or goals and interact through social media, forums, or other digital platforms.

In-group

A social group to which a person psychologically identifies as being a member, often distinguishing members from those in out-groups.