Company X has net sales revenue of $1,246,000 cost of good sold of $790,000 and all other expenses of $310,000. The beginning balance of stockholders equity is $605,000 and the beginning of fixed assets is $381,000. The ending balance of stickholders equity is $1,100,000 and the ending balance of fixed assets is $409,000.

Company X has net sales revenue of $1.246,000, cost of goods sold of $790,000, and all other expenses of $310,000. The beginning balance of stockholders' equity is $605,000 and the beginning balance of fixed assets is $381,000. The ending balance of stockholders' equity is $1,100,000 and the ending balance of fixed assets is $409,000 Required: Compute the return on equity (ROE) ratio (Round your answer to the nearest whole percent.) Remonty