Post Utme Bsu 2020 Commerce Question 8

Practice objective / multiple choice question 8 from the 2020 Post Utme Bsu Commerce examination.

Post Utme Bsu 2020 Commerce Objective / Multiple Choice
Question 8 POST_UTME_BSU • 2020 • COMMERCE • objective

A bank's financial statements show a significant increase in profits over the past year. However, the bank's return on equity (ROE) has decreased. What does this suggest about the bank's financial performance?

Answer Options

A. The bank is becoming more profitable
Correct Answer B. The bank is becoming less profitable
C. The bank's profitability is stable
D. The bank's financial performance is improving
Correct Answer
B
Correct Option:
The bank is becoming less profitable

About This Question

This is Post Utme Bsu 2020 Commerce Question 8. It is one of the objective questions from the 2020 Post Utme Bsu Commerce examination.

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