calculate the return on equity. equation: net earnings/stockholders equity. can you explain how to get net earnings and stockholders equity in order to get the answer? Net sales$700,000 Cost of goods sold 550,000 Operating expenses 80,000 Net income 30,000 Total assets 460,000 Total liabilities 310,000 4.3% 21.4% 6.5% 20.0%
calculate the return on equity. equation: net earnings/stockholders equity. can you explain how to get net
earnings and stockholders equity in order to get the answer?
Net sales$700,000
Cost of goods sold 550,000
Operating expenses 80,000
Net income 30,000
Total assets 460,000
Total liabilities 310,000
4.3%
21.4%
6.5%
20.0%
Looking for a Similar Assignment? Order now and Get 10% Discount! Use Coupon Code "Newclient"
