ears Bank Total Asset 2018 STANBIC 6,205,018 2019. STANBIC. 9,295,682 2020. STANBIC 12,742,132 2018. BARCLAYS 8,994,562 2019. ABSA 11,772,546 2020. ABSA. 12,546,473 Calculate the five-firm concentration ratio in for each year using total assets.
Financial Ratios
A Ratio refers to a figure calculated as a reference to the relationship of two or more numbers and can be expressed as a fraction, proportion, percentage, or the number of times. When the number is determined by taking two accounting numbers derived from the financial statements, it is termed as the accounting ratio.
Return on Equity
The Return on Equity (RoE) is a measure of the profitability of a business concerning the funds by its stockholders/shareholders. ROE is a metric used generally to determine how well the company utilizes its funds provided by the equity shareholders.
| Years Bank Total Asset |
| 2018 STANBIC 6,205,018 |
|
2019. STANBIC. 9,295,682 |
| 2020. STANBIC 12,742,132 |
|
2018. BARCLAYS 8,994,562 2019. ABSA 11,772,546 2020. ABSA. 12,546,473 |
Calculate the five-firm concentration ratio in for each year using total assets.
Trending now
This is a popular solution!
Step by step
Solved in 2 steps
Which of the years would the level of competition in the
banking industry in Ghana be welfare improving from the perspective
of customers based on the calculated five-firm concentration ratios in
question (1) and why?
by Bartleby ExpertBased on the five-firm concentration ratios calculated in above, determine the level of competition among banks in Ghana.
by Bartleby Expert
