PROFITABILITY RATIOS The following data came from the financial statements of the Bradshaw Company: Revenue $900,000 Expenses

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PROFITABILITY RATIOS The following data came from the financial statements of the Bradshaw Company:

Revenue $900,000 Expenses 600,000 Net income 300,000 Assets 600,000 Liabilities 100,000 Average Equity 500,000 Required:

Compute the return on equity.

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