In 2020, Bank Muscat reported 111600 OMR of Income Before Tax, 1098200 OMR of Liabilities, and 209300 OMR of Equity. Tax rate is 20%. What is the Return on Equity (ROE) of Bank Muscat?

In 2020, Bank Muscat reported 111600 OMR of Income Before Tax, 1098200 OMR of Liabilities, and 209300 OMR of Equity. Tax rate is 20%. What is the Return on Equity (ROE) of Bank Muscat?

In 2020, Bank Muscat reported 111600 OMR of Income Before Tax, 1098200 OMR of Liabilities, and 209300 OMR of Equity. Tax rate is 20%. What is the Return on Equity (ROE) of Bank Muscat?

Select one:

a. 8.13 %

b. 10.04 %

c. 42.66 %

d. 6.83 %

 

SOLUTION

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In 2020, Bank Muscat reported 111600 OMR of Income Before Tax, 1098200 OMR of Liabilities, and 209300 OMR of Equity. Tax rate is 20%. What is the Return on Equity (ROE) of Bank Muscat? The Maths Lock solution codechef Minimum Adjacent Swaps to Reach the Kth Smallest Number Minimum Interval to Include Each Query

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