Company X has net sales revenue of $1,254,000, cost of goods sold of $784,000, and all other expenses of $306,000. The beginning balance of stockholders' equity is $565,000 and the beginning balance of fixed assets is $377,000. The ending balance of stockholders' equity is $1,000,000 and the ending balance of fixed assets is $405,000 Required: Compute the return on equity (ROE) ratio. (Round your answer to the nearest whole percent.) Return on Equity