Below are the simplified 2017 Financial Statements for Fiona Corporation 2017 Income Statement Balance Sheet 2017 201 Sales Cost of Good Sold Gross Profit Operating Expens Interest Expense Income Tax Expense Net Income 150,000 Assets: 80,000Current Assets: 70,000 Cash 3,000 48 71,000 62 95,00080, (20,000 Accounts Receivable 12,000) Inventory Non-Current Assets 286,000 270, 505,000 460 29,000 Plant Property & Equipment Total Assets Tax Rate -.-.---|Liabilities: : Current Liabilities: Accounts Payable 65,000 70, Non-Current Liabilities: Notes Payable 125,000 118, Stockholders' Equity: 202,000 180, 113,00092, Common Stock Retained Earnings Total Liabilities & Stockholders' Equity 1-505:0001 | 460 Fiona's Return on Equity for 2017 is: 15.18% 10.66% 9.21 % 9.88%