What is the company return on equity

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Question - Bobby wants to know if his company can pay its bills (short term) without trouble. One of the things he could look at is the company's.

Here is a company's Income Statement and their Stockholder's Equity from the balance sheet. What is the company's Return on Equity?

Revenues $700,000

COGS $280,000

Gross Profit $420,000

SG&A $100,000

Operating Profit (EBIT) $320,000

Interest Expense $80,000

EBT $240,000

Income Taxes $72,000

Net Income $168,000

Stockholders' Equity $300,000

Reference no: EM133105887

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