Candy Games Inc. expects the following numbers for next year: - Sales: $56,000,000 - Costs: \$42,000,000 (excluding depreciation) - Depreciation: $5,000,000 - Interest: 2,000,000 - Tax rate 30% - Total assets $113,000,000 - Debt-to-equity ratio: 2 - Net Income: $8,640,000 Part 1 What is the expected return on equity? Hint: Use the Dupont Identity