Calculate Return on Stockholders' Equity.

You identified an error in Net Income and Average Total Stockholders' Equity. Net Income was overstated by 516,383.10 and Average Total Stockholders' Equity was understated by 33,041.46 in 2021. Calculate Return on Stockholders' Equity for 2021 using the corrected amounts and round your answer to 2 decimal points.

It is July 5, 2021. You have been apprenticing for the past five years at a high-end bakery in New York City and have worked on virtually every aspect to include the business side of the house. All of this work makes you think you may be ready to open your own bakery in your home town of Long Beach, CA. Before you can daydream about leaving New York for California, you have to complete year-end report and evaluate solvency and profitability trends of the New York Bakery. The New York Bakerv has brovided the following comnarative information