Katz reports total revenue of $245,600, cost of goods sold of $18,950 and net income of $121,000. Their total assets are

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answerhappygod
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Katz reports total revenue of $245,600, cost of goods sold of $18,950 and net income of $121,000. Their total assets are

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Katz reports total revenue of $245,600, cost of goods sold of$18,950 and net income of $121,000. Their total assets are $585,000and total liabilities are $250,000. What is their return on equity(ROE)?
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