Using the following data estimate the return on equity roe

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

 

Assets-to-

Asset

Return

 

Equity Ratio

Turnover

on Sales

Retail jewelry stores                                

1578

1529

0040

Retail grocery stores                                

1832

5556

0014

Electric service companies                            

2592

0498

0069

Legal services firms                                 

1708

3534

0073

Reference no: EM13575573

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