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Company X has net sales revenue of $1.251.000, cost of goods sold of $761,500, and all other expenses of $291,000. The beginning balance of stockholders'
Company X has net sales revenue of $1.251.000, cost of goods sold of $761,500, and all other expenses of $291,000. The beginning balance of stockholders' equity assets is $362.000. The ending balance of stockholders equity is $625.000 and the ending balance of fixed assets is $390,000 is $410,000 and the beginning balance of fixed Required Compute the return on equity (ROE) ratio. (Round your answer to the nearest whole percent) Return on Equity
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