In the banking industry the return on equity ratio or percentage is used to evaluate the financial performance of a bank. Such information is extremely valuable to investors.
Calculate the return on equity (ROE) for a sample of 20 banks for the year before the Sarbanes-Oxley Act was enacted. For the same sample of banks calculate the ROE for the year following the enactment of the Sarbanes-Oxley Act.
Later answer the following questions:
Submit your answers in an 6-page Word document.
Due:Tuesday March 14 2017.
(EST)
On a separate page cite all sources using the APA guidelines.