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Calculate Return on Equity from the Following Information: Sales =

question 21

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Calculate return on equity from the following information: Sales = $400,000
Expenses = $100,000
Debts incurred = $120,000
Owner's equity = $180,000

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Definitions:

Federal Arbitration Act

A United States law that provides for the enforcement of arbitration agreements and outlines the process for arbitration proceedings in federal courts.

Submission Agreement

A written agreement to submit a legal dispute to an arbitrator or arbitrating panel for resolution.

Settlement Agreement

A legally binding contract between parties resolving a dispute or lawsuit outside of court through mutual concessions.

Decision

The conclusion or resolution reached by a court, judge, or arbiter in a legal case.

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