EBK ECONOMICS OF MONEY, BANKING AND FIN
EBK ECONOMICS OF MONEY, BANKING AND FIN
5th Edition
ISBN: 8220106799727
Author: Mishkin
Publisher: PEARSON
Question
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Chapter 9, Problem 14Q
To determine

If you would purchase stock from the bank whose president says to you that the bank is working so efficiently that it has never needed to bring in loans, offer securities, or get money because of a deposit outflow.

Concept Introduction:

ROE and ROA are essential segments in saving money for estimating corporate performance. Return on Equity (ROE) enables financial specialists to check how their investments are generating profits, while Return on Assets (ROA) enables investors to gauge how the administration is utilizing its resources to create more income.

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