find roe Balance Sheet Income Statement Assets: Cash 4,500.00 Sales (all credit) 80,000.00 Accounts Receivable 7,000.00 Cost of Goods Sold -51,000.00 Inventories 6,500.00 Gross Profit 29,000.00 Land 20,000.00 Operating Expenses -15,000.00 Other Fixed Assets 18,000.00 Depreciation -1,000.00 TOTAL ASSETS 56,000.00 EBIT 13,000.00 Liabilities & Owners' Equity: Interest Expense -3,000.00 Accounts Payable 2,500.00 EBT 10,000.00 Long Term Debt 26,700.00 Taxes (35%) -3500 Preferred Stock 7,000.00 NI 6,500.00 Common Stock Par Value 5,000.00 Preferred Dividend -1,050.00 Paid-in-Capital 10,000.00 EAC 5,450.00 Retained Earnings 4,800.00 common stock dividend 2180 shares common stock 10,000 market price 5 common stock dividend 40% stock holders equity 14,800.00 dividend payout 2600 ROE ROA 11.6% TATO 1.43 DIVIDEND PER SHARE 0.26 NET PROFIT MARGIN 8%