Question: 23 3 points Use the information in the table for a company. Additionally, the company reported revenues of $3,450 and net income of $1,380

23 3 points Use the information in the table for a company.

23 3 points Use the information in the table for a company. Additionally, the company reported revenues of $3,450 and net income of $1,380 for the year. What was the ROE? Items Items $$ $$ Cash 2300 Accounts payable 1100 Accounts rec. 770 Long-term debt 1350 Inventory 1,600 Common stock 3010 Net fixed assets 3,705 Retained earnings 2915 Total assets $8,375 Total liab & equity $8,375 37.25% 58.23% 45.85% 23.29%

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