PLEASE ITS URGENT,PLEASE ITS URGENT,PLEASE ITS URGENT, Banorte has an interest income ratio of 0.02...

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Finance

PLEASE ITS URGENT,PLEASE ITS URGENT,PLEASE ITS URGENT,

Banorte has an interest income ratio of 0.02 and a non-interest income ratio of 0.03. They also have a profit margin of 0.26. If the ROA for Banorte is 0.013, what is the Return on Equity?

A 1.2%

B Insufficient Information

C 12%

D 20%

E 2%

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