Question: Compute the return on equity ratio for Year 2 given the following data: Year 2 $ 183,000 1,100,000 2,460,000 42,000 Year 1 159,000 1,250,000 2,630,000

Compute the return on equity ratio for Year 2 given the following data:

Year 2 $ 183,000 1,100,000 2,460,000 42,000 Year 1 159,000 1,250,000 2,630,000

Year 2 $ 183,000 1,100,000 2,460,000 42,000 Year 1 159,000 1,250,000 2,630,000 32,000 Net income Stockholders' equity Total assets Interest expense

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