Carroll, Inc., has a total debt ratio of .54, total debt of $325,000, and net income of $40,750

Problem 3-23 Return on Equity [LO 2 Carroll, Inc., has a total debt ratio of 54, total debt of $325,000, and net income of $40,750 What is the company's return on equity? (Do not round intermediate calculations and enter your answer as a percent rounded t Return on equity % - References eBook &Resources Worksheet Difficulity: 1 Basic Section: 3.2 Ratio Analysis Problem 3-23 Return on EquityLeaning Objective: 03-02 Compute and LO 2 more important, Interpret some common ratios