• FinTech Innovations has reported a net income of $6 million for the fiscal year ending December 31, 2023. The company had total assets of $35 million and total liabilities of $18 million at the end of the year. During the year, FinTech Innovations issued additional shares, increasing the total equity by $3 million. Calculate the return on equity (ROE) for FinTech Innovations for the fiscal year 2023.