What is the return on equity

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Problem

Assets Accounts 2022 Cash $50.00 A/R $375.00 Inventory $141.00 Total $566.00 Net Fixed Assets $1,200.00 Total Assets $1,766.00 Liabilities Accounts 2022 Accounts Payable $364.00 Notes Payable $125.00 Total $489.00 Long-Term Debt $750.00 Common Stock $400.00 Retained Earnings $127.00 Total Liabilities & Equity $1,766.00 Sales Accounts 2022 Sales $4,017.22 Net Income $3,550.65 Questions Assume Gentian Corp. has this balance sheet and they are projecting these sales and net income. Get the instant assignment help. What is the Return on Equity (ROE) for 2022?

Reference no: EM133911455

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