Apollo Corp. reported the following balance sheet:

Cash	$28,000		Accounts payable	$5,000
Accounts receivable	15,000		Notes Payable	12,000
Inventory	45,000		Accruals	17,000
Net Fixed Assets	122,000		Long-Terms Debt	45,000
			Common Stock	10,000
			Retained Earnings	121,000
Total assets	$210,000		Total Liab. & Equity	$210,000

Apollo has sales of $600,000 and net income of $50,000. Apollo's return on equity is?