On December 31, Mercury Corporation has the following data available: Net Income $180,000 Interest expense 10,000 Total assets at the beginning of the year 810,000 Total assets at the end of the year 740,000 Total common stockholders' equity at the beginning of the year 520,000 Total common stockholders' equity at the end of the year 510,000 What is return on equity? (Round your final answer to two decimal places, X. XX%)

Mercury company

Net Income $180,000

Interest expense 10,000

Earnings before tax = $170,000

Total assets at the beginning of the year 810,000

Total assets at the end of the year 740,000

Total common stockholders' equity at the beginning of the year 520,000

Total common stockholders' equity at the end of the year 510,000

Return on equity = Net income divided by Shareholders equity

= $170,000 / $510,000

= 33.33%

explore some of these tourist attractions

the metropolitan museum of art. source: anton_ivanov / shutterstock.

central park. source: gagliardiphotography / shutterstock.

national 9/11 memorial and museum.

empire state building.

statue of liberty.

the museum of modern art (moma)

rockefeller center.

brooklyn bridge.

explanation:

if you use only 25 for your entertainment and only 200 for the groceries that you really need and take out the 50 per month for the computer then that should be enough