Sarah curry cfa has gathered the following information on, Financial Management

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Sarah curry cfa has gathered the following information on

Sarah Curry, CFA, has gathered the following information on Jamestown Fiber Optics Inc. (JFOI). Selected Financial Data for JFOI (in millions) Total sales $2,044 (fiscal year 2016) Total assets $1,875 (fiscal year end 2015) Net income $322 (fiscal year 2016) Total debt $1,465 (fiscal year end 2015) Compute the return on equity for JFOI for 2016.

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