What is the return on equity if the company

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Question: The Coastal Company had revenues of $120,000 in the last fiscal period. The cost-of-goods were $62,000, operational expenses were $15,000, interest was $8,000 and tax was $11,900. What is the return on equity if the company's total assets and total liabilities are $630,000 and $320,000, respectively?

Reference no: EM133608728

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