Question: Compute the return on equity ratio for 2018 given the following data: 2018 2017 Net earnings Shareholders' equity $ 183,000 $ 159,000 1,100,000 1,250,000 Total
Compute the return on equity ratio for 2018 given the following data:
2018 2017 Net earnings Shareholders' equity $ 183,000 $ 159,000 1,100,000 1,250,000 Total assets 2,460,000 2,630,000 Interest expense 42,000 32,000
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