Art Supplies has a net income of $148,500. The firm has $1.15 million in assets and $450,000 in liabilities. What is the return on equity?

Name: Art Supplies has a net income of $148,500. The firm has $1.15 million in assets and $450,000 in liabilities. What is the return on equity?
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The Answer of Art Supplies has a net income of $148,500. The firm has $1.15 million in assets and $450,000 in liabilities. What is the return on equity?

Art Supplies Has a Net Income of $148,500