Question: Given the following data: Current Previous Net income $ 2,150 $ 1,900 Stockholders' equity 10,600 13,725 Total assets 27,000 29,000 Interest expense 460 360 Compute

Given the following data:

Current Previous
Net income $ 2,150 $ 1,900
Stockholders' equity 10,600 13,725
Total assets 27,000 29,000
Interest expense 460 360

Compute the return on equity ratio for the current year.

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