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calculate the return on equity. equation: net earnings/stockholders equity. can you explain how to get net earnings and stockholders equity in order to get the
calculate the return on equity. equation: net earnings/stockholders equity. can you explain how to get net earnings and stockholders equity in order to get the answer?
Net sales$700,000
Cost of goods sold 550,000
Operating expenses 80,000
Net income 30,000
Total assets 460,000
Total liabilities 310,000
4.3%
21.4%
6.5%
20.0%
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