Question: Q6. Given the following data, compute the Return on Equity ratio for the current year (express it as a percentage with one decimal place). in

Q6. Given the following data, compute the Return on Equity ratio for the current year (express it as a percentage with one decimal place).

in $000s Current Year Previous Year
Net Income 1,850 1,600
Shareholders' Equity 10,000 13,125
Total Assets 24,000 26,000
Interest Expense 400 300

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