Home / Expert Answers / Finance / ringo-bank-has-a-profit-after-taxes-of-1-5-million-total-assets-of-50-million-and-shareholder-39-s-pa294

(Solved): Ringo Bank has a profit after taxes of $1.5 million, total assets of $50 million, and shareholder's ...



Ringo Bank has a profit after taxes of

$1.5

million, total assets of

$50

million, and shareholder's equity of

$30

million. Ringo's return on equity (ROE) is

?

percent. 1.8 5.0 3.0 none of these



We have an Answer from Expert

View Expert Answer

Expert Answer


We have an Answer from Expert

Buy This Answer $5

Place Order

We Provide Services Across The Globe