Post Utme Elizade University 2018 Commerce Question 2
Practice objective / multiple choice question 2 from the 2018 Post Utme Elizade University Commerce examination.
A bank's return on equity (ROE) is 12%. If the bank's net income is ₦120 million and its total equity is ₦1 billion, what is the bank's return on assets (ROA)?
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About This Question
This is Post Utme Elizade University 2018 Commerce Question 2. It is one of the objective questions from the 2018 Post Utme Elizade University Commerce examination.
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