Calculate anytown roa and roe

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Reference no: EM131896923

Anytown Bank has the following ratios:

a. Profit margin: 22%

b. Asset utilization: 12%

c. Equity multiplier: 13X

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 %

Reference no: EM131896923

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