Katz reports total revenue of $245,600, cost of goods sold of $18,950, and net income of $121,000.

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Katz reports total revenue of $245,600, cost of goods sold of $18,950, and net income of $121,000. Their total assets are $585,000 and total liabilities are $250,000. What is their return on equity (ROE)?
36.12%
48.40%
20.68%
41.98%

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Supply Chain Management Strategy Planning And Operation

ISBN: 9781292257891

7th Global Edition

Authors: Sunil Chopra

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Question Posted: Feb 17, 2024 10:00 AM

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Katz reports total revenue of $245,600, cost of goods sold of $18,950, and net income of $121,000.

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Return on Equity ROE is a financial ratio that measures a companys profitability by rev...View the full answer

Supply Chain Management Strategy Planning And Operation

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