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calculate the return on equity. equation: net earnings/stockholders equity. can you explain how to get net earnings and stockholders equity in order to get the answer? Net sales$700,000 Cost of goods sold 550,000 Operating expenses 80,000 Net income 30,000 Total assets 460,000 Total liabilities 310,000 4.3% 21.4% 6.5% 20.0%

calculate the return on equity. equation: net earnings/stockholders equity. can you explain how to get net

earnings and stockholders equity in order to get the answer?

Net sales$700,000

Cost of goods sold 550,000

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Operating expenses 80,000

Net income 30,000

Total assets 460,000

Total liabilities 310,000

4.3%

21.4%

6.5%

20.0%

 
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