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Use the return on equity (ROE) and return on assets (ROA)) to measure and compare the financial performance of both of the following institutions below which are banks. ACB Company Ratios for the period 2017-2022 Years 2017 2018 2019 2020 2021 2022 ROA ratio 1.74% 1.62% 1.62% 0.26% 2.24% 0.35% ROE ratio 10% 9.03% 8.5% 1.44% 15.68% 2.58% ECAB- Company Ratios for the period 2017-2022 Years 2017 2018 2019 2020 2021 2022 ROA 1.71% 1.53 ratio % 1.97 % 1.46 % 0.72% 0.28% ROE ratio 10.19 8.9% 11.21 8.52 7.74% 3.25% % % %

Use the return on equity (ROE) and return on assets (ROA)) to measure and compare the financial performance of both of the following institutions below which are banks. ACB Company Ratios for the period 2017-2022 Years 2017 2018 2019 2020 2021 2022 ROA ratio 1.74% 1.62% 1.62% 0.26% 2.24% 0.35% ROE ratio 10% 9.03% 8.5% 1.44% 15.68% 2.58% ECAB- Company Ratios for the period 2017-2022 Years 2017 2018 2019 2020 2021 2022 ROA 1.71% 1.53 ratio % 1.97 % 1.46 % 0.72% 0.28% ROE ratio 10.19 8.9% 11.21 8.52 7.74% 3.25% % % %

Essentials Of Investments
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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Use the return on equity (ROE) and return on assets (ROA)) to measure and compare the financial performance of both of the following institutions below which are banks. ACB Company Ratios for the period 2017-2022 Years 2017 2018 2019 2020 2021 2022 ROA ratio 1.74% 1.62% 1.62% 0.26% 2.24% 0.35% ROE ratio 10% 9.03% 8.5% 1.44% 15.68% 2.58% ECAB- Company Ratios for the period 2017-2022 Years 2017 2018 2019 2020 2021 2022 ROA 1.71% 1.53 ratio % 1.97 % 1.46 % 0.72% 0.28% ROE ratio 10.19 8.9% 11.21 8.52 7.74% 3.25% % % %
Transcribed Image Text:Use the return on equity (ROE) and return on assets (ROA)) to measure and compare the financial performance of both of the following institutions below which are banks. ACB Company Ratios for the period 2017-2022 Years 2017 2018 2019 2020 2021 2022 ROA ratio 1.74% 1.62% 1.62% 0.26% 2.24% 0.35% ROE ratio 10% 9.03% 8.5% 1.44% 15.68% 2.58% ECAB- Company Ratios for the period 2017-2022 Years 2017 2018 2019 2020 2021 2022 ROA 1.71% 1.53 ratio % 1.97 % 1.46 % 0.72% 0.28% ROE ratio 10.19 8.9% 11.21 8.52 7.74% 3.25% % % %
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