Identify what is first nationals roe now

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Reference no: EM132008493

Suppose First National Bank has $220 million in assets and S22 million in equity capital. If First National has a 4% ROA, what is its ROE?

(Enter your answer rounded to two decimal places). ROE = 40 % Now suppose First National's equity capital declines to $11 million, while its assets and ROA are unchanged.

What is First National's ROE now? (Enter your answer rounded to two decimal places) ROE = %

Reference no: EM132008493

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