Company X has net sales revenue of $1,259,000, cost of goods sold of $773,500, and all other expenses of $299,000. The beginning balance of stockholders' equity is $490,000 and the beginning balance of fixed assets is $370,000. The ending balance of stockholders' equity is $825,000 and the ending balance of fixed assets is $398,000 Required: Compute the return on equity (ROE) ratio. (Round your answer to the nearest whole percent.) Retum on Equity %