Gross Profit Percentage - Definition, Formula, How To Calculate?
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A bank has a net profit margin of 5.25 percent. It has an assetutilization ratio of 45 percent and has an equity multiplier of 12.It retains 40 percent of its earnings each year. What is thisbank's internal capital growth rate? A. 28.35 percent B. 2.36percent C. 11.34 percent D. 4.80 percent E. None of the options iscorrect.i want to know why is the answer C how do we solve it?
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