ROE = 7.5%
ROA = ROE x DEBT/EQUITY
ROA = 7.5% x 0.59 = 4.44%
I'd rather have management put money in the bank than be a total bunch of idiots.
ROE = 7.5%ROA = ROE x DEBT/EQUITYROA = 7.5% x 0.59 = 4.44%I'd...
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