Question: Return on Equity = ( Net Income ) / ( ( Beging Total Equity + Ending Total Equity ) / 2 ) times 1

Return on Equity =(Net Income)/((Beging Total Equity+Ending Total Equity)/2)\\times 100 NET INCOME=202,000,000 BEGINING TOTAL EQUITY=2,722,000 ENDING TOTAL EQUITY=2,233,000 The companys Return on Equity ratio is?

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