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Company X has net sales revenue of $1.254,000, cost of goods sold of $700,000, and all other expenses of $294,000. The beginning balance of stockholders'

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Company X has net sales revenue of $1.254,000, cost of goods sold of $700,000, and all other expenses of $294,000. The beginning balance of stockholders' equity is $440,000 and the beginning balance of fixed assets is $365,000. The ending balance of stockholders' equity is $700,000 and the ending balance of foced assets is $393,000 Required: Compute the retum on equity (ROE) ratio. (Round your answer to the nearest whole percent.) Return on Equity

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