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Calculate the 2009 retum on equity (ROE) of a stable company using the following data: Total sales Net income Beginning of year total assets Beginning

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Calculate the 2009 retum on equity (ROE) of a stable company using the following data: Total sales Net income Beginning of year total assets Beginning of year total liabilities Number of shares outstanding at the end of 2009 Price per share at the end of 2009 2,500,000 2,000,000 50,000,000 35,000,000 1,000,000 20 A. 10.0% B. 13.3% C. 16.7%

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