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From the Bridge Chemical Company recently reported the following data in their annual report for 2022: 2021 2022 Revenues 150,000,000 175,000,000 Net Income 25,000,000 30,000,000

From the Bridge Chemical Company recently reported the following data in their annual report for 2022:

2021 2022
Revenues 150,000,000 175,000,000
Net Income 25,000,000 30,000,000
Total Assets 80,000,000 85,000,000
Total Liabilities 20,000,000 25,000,000

What was the companys return on Equity in 2022? (Answers should be submitted in decimal form, for example 10% should be entered as .10. Round answers to 4 decimal places)

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