Calculate the following using the provided Balance Sheet and Income Statement.(show work)

13 Return on Equity 14 Price-earnings ratio 15 Gross Margin \% = Gross Profit/Revenue ABC COMPANY BALANCE SHEET Fiscal year ends in December. USD in millions. 202112 Assets Current assets \begin{tabular}{|l|r|} \hline Cash and cash equivalents & 396 \\ \hline Receivables & 1,232 \\ \hline Inventories & 749 \\ \hline Deferred income taxes & 127 \\ \hline Prepaid expenses & 2,504 \\ \hline Total current assets & \\ \hline Non-current assets & 2,139 \\ \hline Property, plant and equipment & {1,332} \\ \hline Accumulated Depreciation & 3,677 \\ \hline Goodwill & 1,134 \\ \hline Intangible assets & 244 \\ \hline Other long-term assets & 5,862 \\ \hline Total non-current assets & 8,366 \\ \hline Total assets & \\ \hline Liabilities & \\ \hline Current liabilities & \\ \hline Short-term debt & 220 \\ \hline Accounts payable & 970 \\ \hline Taxes payable & 49 \\ \hline Accrued liabilities & 297 \\ \hline Deferred revenues & 36 \\ \hline Other current liabilities & 423 \\ \hline Total current liabilities & 1,995 \\ \hline Non-current liabilities & \\ \hline \end{tabular} \begin{tabular}{|l|r|} \hline Long-term debt & 2,944 \\ \hline Deferred taxes liabilities & 339 \\ \hline Accrued liabilities & 31 \\ \hline Other long-term liabilities & 287 \\ \hline Total non-current liabilities & 3,601 \\ \hline Total liabilities & 5,596 \\ \hline Stockholders' equity & \\ \hline Common stock & 258 \\ \hline Additional paid-in capital & 886 \\ \hline Retained earnings & 7,816 \\ \hline Treasury stock & (6,190) \\ \hline Total stockholders' equity & 2,770 \\ \hline \end{tabular} Total liabilities and stockholders' equity 8,366 ABC COMPANY INCOME STATEMENT \begin{tabular}{|l|r|} \hline Fiscal year ends in December. USD in millions except per share data. & 202112 \\ \hline Revenue (Sales) & \\ \hline Cost of revenue (Cost of goods sold) & 6,992 \\ \hline Gross profit & 4,433 \\ \hline Sales, general and administrative & 2,559 \\ \hline Operating income & 1,716 \\ \hline Interest Expense & 843 \\ \hline Other income (expense) & 131 \\ \hline Income before taxes & 13 \\ \hline Provision for income taxes & 725 \\ \hline Net income & 134 \\ \hline & 591 \\ \hline Price per share & \\ \hline Earnings per share & 70.95 \\ \hline \end{tabular}