7 Company X has net sales revenue of $1,257,000, cost of goods sold of $770,500, and all other expenses of $297,000. The beginning balance of stockholders' equity is $470,000 and the beginning balance of fixed assets is $368,000. The ending balance of stockholders' equity is $775,000 and the ending balance of fixed assets is $396,000. Required: Compute the return on equity (ROE) ratio. (Round your answer to the nearest whole percent.) 8 00:26:46 Return on Equity % Skipped