Post Utme Bells University 2018 Commerce Question 11

Practice objective / multiple choice question 11 from the 2018 Post Utme Bells University Commerce examination.

Post Utme Bells University 2018 Commerce Objective / Multiple Choice
Question 11 POST_UTME_BELLS_UNIVERSITY • 2018 • COMMERCE • objective

A bank's return on assets (ROA) is a measure of its ability to generate earnings from its assets. If a bank has an ROA of 0.12 and its total assets are ₦120 billion, what is its net income?

Answer Options

Correct Answer A. ₦14.4 billion
B. ₦14.2 billion
C. ₦14.6 billion
D. ₦14.8 billion
Correct Answer
A
Correct Option:
₦14.4 billion

About This Question

This is Post Utme Bells University 2018 Commerce Question 11. It is one of the objective questions from the 2018 Post Utme Bells University Commerce examination.

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