Question: What is the return on equity? The 2015 income statement of Adrian Express reports sales of $21,510,000, cost of goods sold of $12,800,000, and net

What is the return on equity?

The 2015 income statement of Adrian Express reports sales of $21,510,000, cost of goods sold of $12,800,000, and net income of $2,140,000. Balance sheet information is provided in the following table. Industry averages for the following profitability ratios are as follows

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