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Use the following data in your computation. Net income Stockholders' equity Total assets Interest expense Current $1,450. 9,200 20,000 320 Numerator Denominator Previous $

Use the following data in your computation. Net income Stockholders' equity Total assets Interest expense

Use the following data in your computation. Net income Stockholders' equity Total assets Interest expense Current $1,450. 9,200 20,000 320 Numerator Denominator Previous $ 1,200 12,325 22,000 220 Required: Compute the return on equity ratio for the current year. (Round your answers to the nearest whole dollar amount.) Return on Equity Ratio

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