If The Fresh Connection, a producer of fresh juices, reports total revenue of $500,000 cost of goods

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If The Fresh Connection, a producer of fresh juices, reports total revenue of $500,000 cost of goods sold of $40,000 and net income of $250,000. Their total assets are $1,000,000 and total liabilities are $500,000. What is their return on equity (ROE)?

Question 28 options:

50%

25%

42%

Posted Date: May 18, 2024 11:14 AM

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If The Fresh Connection, a producer of fresh juices, reports total revenue of $500,000 cost of goods

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