• CyberNetics Corp. has reported a net income of $4.0 million for the fiscal year ending December 31, 2023. The company had total assets of $20 million and total liabilities of $12 million at the end of the year. During the year, CyberNetics Corp. issued additional shares, increasing the total equity by $2 million. Calculate the return on equity (ROE) for CyberNetics Corp. for the fiscal year 2023.