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According to the information presented below, can you calculate the ROE for Alternatives, INC? *Round your answer to the nearest two decimals (nearest hundredth),
According to the information presented below, can you calculate the ROE for Alternatives, INC? *Round your answer to the nearest two decimals (nearest hundredth), if needed. Please type as a percentage and not as decimal (i.e., 5.2 and not 0.052). Please do not type symbols in your answer (e.g., $, %, ...) EXTRACT FROM FINANCIAL STATEMENTS Alternatives, INC Balance Sheet Extract Cash & Equivalents $10,034,750 Receivables $3,750,188 Inventory $7,856,325 Total Current Assets $20,453,367 Total Non-Current Assets $10,274,461 Payables $2,641,249 Total Current Liabilities $10,767,466 Total Liabilities $13,227,764 Number of Shares Outstanding 1,297,489 Shareholders' Equity ??? Price per Share $107 Alternatives, INC Income Statement Extract Total Revenue Cost of Goods Sold Depreciation Operating Expenses Interest Expense $48,963,628 ??? ??? ??? ??? Earnings before Interest and Taxes ??? (EBIT) Net Income ??? 1,689,214
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