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4. Steve's Construction Co, analyzed their income Statement and Balance Shoet and determined that their Retum on Assets (ROA) was equal to 20%. It was

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Steve's Construction Co, analyzed their income Statement and Balance Shoet and determined that their Retum on Assets (ROA) was equal to 20%. It was also determined that the Total Liabilites of the company was $5,000,000 and the Total Asset balance was $10,000,000. What was their Retum on Equity (ROE)? 50.00% 30.00% 40.00% 20.00% 10.00%

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