Post Utme Crawford University 2020 Commerce Question 15

Practice objective / multiple choice question 15 from the 2020 Post Utme Crawford University Commerce examination.

Post Utme Crawford University 2020 Commerce Objective / Multiple Choice
Question 15 POST_UTME_CRAWFORD_UNIVERSITY • 2020 • COMMERCE • objective

A bank's financial statements show a return on equity (ROE) of 12%. What does this indicate about the bank's profitability?

Answer Options

Correct Answer A. High profitability
B. Low profitability
C. Average profitability
D. Unsustainable profitability
Correct Answer
A
Correct Option:
High profitability

About This Question

This is Post Utme Crawford University 2020 Commerce Question 15. It is one of the objective questions from the 2020 Post Utme Crawford University Commerce examination.

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