The records of zzzz better corporation include the, Ask an Expert

Accounting

The records of ZZZZ Better Corporation include the following:

Average total assets $60,000
Average total liabilities $45,000
Total revenue $107,600
Total expense (including income tax) $104,000

what is the return on equity (round to the nearest percent)

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M980169

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