Question: What is the return on equity for 2011? Bayside Inc, 2011 Income Statement (S in thousands) Net sales S5,680 Cost of goods sold 4,060 Less:

 What is the return on equity for 2011? Bayside Inc, 2011

Income Statement (S in thousands) Net sales S5,680 Cost of goods sold

What is the return on equity for 2011?

Bayside Inc, 2011 Income Statement (S in thousands) Net sales S5,680 Cost of goods sold 4,060 Less: Depreciation Earnings before interest and taxes ,200 Less: Interest paid Taxable Income 70 Less: Taxes Net income S 760

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