Question: Using the following data, estimate the return on equity (ROE) for the followingindustries. Assets-to-Equity A Return Ratio Turnover on Sales Retail jewelry stores Retail grocery

Using the following data, estimate the return on equity (ROE) for the followingindustries.

Assets-to-Equity A Return Ratio Turnover on Sales Retail jewelry stores Retail grocery stores Electric service companies Legal services firms 1578 1.832 2592 1.708 1.529 5.556 0.498 3.534 0.040 0.014 0.069 0.073

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