politics of the united states financeDog Daze, Inc., has provided the following information from its most current financial statements:
$$
\begin{array}{|cc}
\text {Total revenue } & \cdots \cdots \cdots \cdots \cdots \cdots \cdots \cdots \cdots \cdots \$ 60,000 \\
\text { Total expense} & \cdots \cdots \cdots \cdots \cdots \cdots \cdots \cdots \cdots \cdots \ 45,000 \\
\text { Total current assets} & \cdots \cdots \cdots \cdots \cdots \cdots \cdots \cdots \cdots \cdots 16,000\\
\text {Total current liabilities } & \cdots \cdots \cdots \cdots \cdots \cdots \cdots \cdots \cdots \cdots 4,000\\
\text { Total stockholders’ equity, January 1, 2011} & \cdots \cdots \cdots \cdots \cdots \cdots \cdots \cdots \cdots \cdots 37,000 \\
\text { Total stockholders’ equity, December 31, 2011 }&\cdots \cdots \cdots \cdots \cdots \cdots \cdots \cdots \cdots \cdots 38,000\\
\end{array}
$$
b. Compute the company's return on equity in 2011 . 14th Edition•ISBN: 9780470587232 (4 more)Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield1,471 solutions

4th Edition•ISBN: 9781259730948 (2 more)Don Herrmann, J. David Spiceland, Wayne Thomas1,097 solutions

10th Edition•ISBN: 9781337902571 (1 more)Eugene F. Brigham, Joel Houston777 solutions

9th Edition•ISBN: 9780078034695Alan J. Marcus, Alex Kane, Zvi Bodie689 solutions