1 pts Question 17 Use the following information to calculate the firm's return-on- equity (ROE) as of the end of 2016: Income Statement For the Year 2016 $ 631,000 $ 442,220 28100 160,700 14,900 Net Sales COGS Depreciation Expense EBIT Interest Expense EBT 145,800 Tax Expense 49,600 Net Income 96,200 Balance Sheet Beginning of 2016 End of 2016 38,200 43,700 91,400 $ 86,150 203,900 $ 214,600 Cash Accounts Receivable Inventory 516,100 $ 537,950 $ 849,600 $ 882,400 Net Fixed Assets Total Assets Accounts Payable $136,100 104,300 329,500 $ 298,200 75,000 82,000 309,000 S 397.900 Long-term Debt Common Stock Accumulated Retained Earnings Total Liabilities and Equity 849,600 $ 882,400 Note: Report your answers as a whole number percentage (i.e. 1.23, not 0.0123). Do not include a percentage sign in your