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Total assets = $115,000 Pillows Sold = 138,000 Profit margin= 8% Sales = $180,000 New Locations Opened = 78 Total debt = $6100 Profit margin=

Total assets = $115,000

Pillows Sold = 138,000

Profit margin= 8%

Sales = $180,000

New Locations Opened = 78

Total debt = $6100

Profit margin= 8%

Net Income is also known as Net Profit

What was the ROE of the company last year?

Answer with excel formula and 4 decimals

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