Question: M13-7 Computing the Return on Equity Ratio [LO 13-4] Given the following data. Net income Stockholders' equity Total assets Interest expense Current $ 1,450 9,200

M13-7 Computing the Return on Equity Ratio [LO 13-4] Given the

M13-7 Computing the Return on Equity Ratio [LO 13-4] Given the following data. Net income Stockholders' equity Total assets Interest expense Current $ 1,450 9,200 20,000 320 Previous $ 1,200 12,325 22,000 220 Compute the return on equity ratio for the current year. (Round your answers to the nearest whole dollar amount.) Return on Equity Ratio Numerator Denominator 11

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