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Angela s Flower has $ 7 2 , 8 0 0 in net income, $ 5 2 , 4 0 0 in accounts payable, $

Angelas Flower has $72,800 in net income, $52,400 in accounts payable, $20,000 in notes payable, $141,800 in long-term debt, $78,500 in common stock and paid-in surplus, and $111,800 in retained earnings. What is the return on equity?
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16.36%
22.74%
25.82%
38.26%

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