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Question 7 2 pts Use the following information to calculate the requested ratio. Report all final values using two decimal places as per course protocol

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Question 7 2 pts Use the following information to calculate the requested ratio. Report all final values using two decimal places as per course protocol (e.g. 1.33, not 0.01). $ 200,000 Sales $ 440,000 Current assets Inventory 160,000 Land 45,000 80,000 COGS Interest 680,000 expense Net 80,000 income 111,000 Equipment Current liabilities 85,000 142,000 Operating expense Noncurrent $ 550,000 liabilities What is the rate of return on equity

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