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Comparative balance sheets for Softech Canvas Goods for 2018 and 2017 are shown below. Softech pays no dividends, and instead reinvests all earnings for future

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Comparative balance sheets for Softech Canvas Goods for 2018 and 2017 are shown below. Softech pays no dividends, and instead reinvests all earnings for future growth. Comparative Balance Sheets ($ in 000s) December 31 2017 2018 Assets Cash 84 S 116 Accounts receivable Short-tern investments 230 84 210 94 272 420 Inventory 1,040 $1,880 880 Property, plant, and equipment (net) $1,550 Liabilities and Shareholders Equity Current liabilities Bonds payable Paid-in capital Retained earnings 460 270 320 270 730 730 230 420 $1,550 $1,880 Required: 1. Determine the return on shareholders' equity for 2018. (Round your answer to 2 decimal places.) % Return on shareholders' equity

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