Economics of Money, Banking and Financial Markets, The, Business School Edition (5th Edition) (What's New in Economics)
Question
Book Icon
Chapter 9, Problem 14Q
To determine

If you would purchase stock from the bank whose president says to you that the bank is working so efficiently that it has never needed to bring in loans, offer securities, or get money because of a deposit outflow.

Concept Introduction:

ROE and ROA are essential segments in saving money for estimating corporate performance. Return on Equity (ROE) enables financial specialists to check how their investments are generating profits, while Return on Assets (ROA) enables investors to gauge how the administration is utilizing its resources to create more income.

Blurred answer
Knowledge Booster
Background pattern image
Recommended textbooks for you
Text book image
ENGR.ECONOMIC ANALYSIS
Economics
ISBN:9780190931919
Author:NEWNAN
Publisher:Oxford University Press
Text book image
Principles of Economics (12th Edition)
Economics
ISBN:9780134078779
Author:Karl E. Case, Ray C. Fair, Sharon E. Oster
Publisher:PEARSON
Text book image
Engineering Economy (17th Edition)
Economics
ISBN:9780134870069
Author:William G. Sullivan, Elin M. Wicks, C. Patrick Koelling
Publisher:PEARSON
Text book image
Principles of Economics (MindTap Course List)
Economics
ISBN:9781305585126
Author:N. Gregory Mankiw
Publisher:Cengage Learning
Text book image
Managerial Economics: A Problem Solving Approach
Economics
ISBN:9781337106665
Author:Luke M. Froeb, Brian T. McCann, Michael R. Ward, Mike Shor
Publisher:Cengage Learning
Text book image
Managerial Economics & Business Strategy (Mcgraw-...
Economics
ISBN:9781259290619
Author:Michael Baye, Jeff Prince
Publisher:McGraw-Hill Education