Question: Given the following data, compute the return on equity ratio for the current year (expressed as a percentage with one decimal place). Current Previous Net

Given the following data, compute the return on equity ratio for the current year (expressed as a percentage with one decimal place).
Given the following data, compute the return on equity ratio

Current Previous Net income Stockholders' equity Total assets Interest expense 1,850 10,000 24,000 400 $ 1.600 13,125 26,000 300

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