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bachelor in business administration
Polytechnic State University Sanluis
Jan-2006 - Nov-2010
CPA
Polytechnic State University
Jan-2012 - Nov-2016
Professor
Harvard Square Academy (HS2)
Mar-2012 - Present
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Cornerstone Exercise 12-53Â PROFITABILITY Â RATIOS
The following data came from the financial statements of the Bradshaw Company:
|
Revenue |
$900,000 |
|
Expenses |
600,000 |
|
Net income |
300,000 |
|
Assets |
600,000 |
|
Liabilities |
100,000 |
|
Average Equity |
500,000 |
Required:
Compute the return on equity.
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