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5 5 3 points Use the following information to answer the question. Sales = $525,000 Current Assets = $ 260,000 . Current Liabilities = $

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5 5 3 points Use the following information to answer the question. Sales = $525,000 Current Assets = $ 260,000 . Current Liabilities = $ 212,000 Account Receivables = $ 50,000 Inventories = $ 121,000 Net Income = $ 4,800 Total Assets = $ 500,000 Total Liabilities = $ 300,000 What is the return on equity (ROE)? 10.00% 12.50% 2.40% 2.75% 4.80% Previous

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