Central Bank has the following information (in $million). 2017 ($ million) 2018 ($ million) Revenue 780 890 Net income 240 375 Assets 22,450 27,850 Equity 2,250 2,980 Which of the following statements about Central Bank is CORRECT? Select one: a. From 2017 to 2018, its Return on Equity decreased, Return on Assets decreased, and Leverage Multiplier increased. b. From 2017 to 2018, its Return on Equity increased, Return on Assets increased, and Leverage Multiplier decreased. c. From 2017 to 2018, its Return on Equity increased, Return on Assets increased, and Leverage Multiplier increased. d. From 2017 to 2018, its Return on Equity increased, Return on Assets decreased, and Leverage Multiplier increased.
Central Bank has the following information (in $million).
|
|
2017 ($ million) |
2018 ($ million) |
|
Revenue |
780 |
890 |
|
Net income |
240 |
375 |
|
Assets |
22,450 |
27,850 |
|
Equity |
2,250 |
2,980 |
Which of the following statements about Central Bank is CORRECT?
From 2017 to 2018, its
From 2017 to 2018, its Return on Equity increased, Return on Assets increased, and Leverage Multiplier decreased.
From 2017 to 2018, its Return on Equity increased, Return on Assets increased, and Leverage Multiplier increased.
From 2017 to 2018, its Return on Equity increased, Return on Assets decreased, and Leverage Multiplier increased.
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