Question: Compute the return on equity ratio for 2012 given the followingdata: 2011 2012 Net income Stockholders' equity Total assets Interest expense $ 159,000 1,250,000 2,630,000

Compute the return on equity ratio for 2012 given the followingdata:
2011 2012 Net income Stockholders' equity Total assets Interest expense $ 159,000 1,250,000 2,630,000 32,000 1,100,000 2

2011 2012 Net income Stockholders' equity Total assets Interest expense $ 159,000 1,250,000 2,630,000 32,000 1,100,000 2,460,000 42,000

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