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# VIRTUAL GAMING SYSTEMS Income Statement For the year ended December 31, 2018 Net sales $3,086,000 Cost of goods sold 1,960,000 Gross profit 1,126,000...

7. Calculate the following ratios: Gross profit, return on equity, current ratio, debt to equity, profit margin, and price to earnings for 2018 using the following information:

I can not find the return on equity. is it 139,000 divided by 498,000 but how do you get the 498,000

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