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2. Data from the financial statements of Albi Foods and Unimart, Inc., two national grocery chains are presented below: Albi Foods Unimart, Inc. Total liabilities,
2. Data from the financial statements of Albi Foods and Unimart, Inc., two national grocery chains are presented below:
| Albi Foods | Unimart, Inc. |
Total liabilities, 2021 | $43,610 | $23,817 |
Total liabilities 2020 | 48,239 | 21,935 |
Total assets, 2021 | 64,743 | 29,652 |
Total assets 2020 | 67,582 | 32,589 |
Revenue, 2021 | 200,693 | 81,494 |
Net income, 2021 | 2,312 | 1,062 |
To the nearest hundredth of a percent, what is the 2021 return on equity ratio for Albi Foods?
Group of answer choices
10.94%
11.95%
11.42%
2.88
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