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QUESTION 26 There is a company that has net sales revenue of $1,250,000, cost of goods sold of S760,000, and all other expenses of S290,000.

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QUESTION 26 There is a company that has net sales revenue of $1,250,000, cost of goods sold of S760,000, and all other expenses of S290,000. The beginning balance of shareholders' equity is $400,000 and the beginning balance of fixed assets is $361,000. The ending balance of shareholders' equity is $600,000 and the ending balance of fixed assets is $389,000. What is the Return On Equity of the company? 0 2.50 0 333 O 0.53 0.40

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