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Business, 06.08.2021 01:00 ariel7929

Company X has net sales revenue of $1,254,000, cost of goods sold of $784,000, and all other expenses of $306,000. The beginning balance of stockholders' equity is $565,000 and the beginning balance of fixed assets is $377,000. The ending balance of stockholders' equity is $1,000,000 and the ending balance of fixed assets is $405,000. Required: Compute the return on equity (ROE) ratio.

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Company X has net sales revenue of $1,254,000, cost of goods sold of $784,000, and all other expense...
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