[Solved] Given the following Balance Sheet and Inc

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Given the following Balance Sheet and Income Statement information Balance Sheet Total Assets: , $ 1 , 3 3 8 , 1 8 5 Total

Given the following Balance Sheet and Income Statement information

Balance Sheet

Total Assets:

,

1, 338, 185

Total Liabilities: $

549, 219

Income Statement

Earnings Before Income Tax: $

211, 636

Income Tax Expense: $

42, 717

What is the Return on Equity?

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