Galaxy United, Inc. 2009 Income Statement. What is the return on equity for 2009?

Galaxy United, Inc. 2009 Income Statement ($ in millions) Net sales Less: Cost of goods sold Less: Depreciation Earnings before interest and taxes Less: Interest paid Taxable Income Less: Taxes Net income Cash Accounts rec. Inventory Sub-total Net fixed assets Total assets $8,500 7,240 400 860 76 784 274 $ 510 Galaxy United, Inc. 2008 and 2009 Balance Sheets ($ in millions) 2008 $ 130 930 1,480 $2,540 3,180 $5,720 2009 $ 150 790 1,520 $2,460 3,620 $6,080 Accounts payable Long-term debt Common stock Retained earnings Total liab_ & equity 2008 $1,110 910 $3,180 520 $5,720 2009 $1,130 1,241 $2,980 729 $6,080 What is the return on equity for 2009? 0 14 percent 0 15 percent 0 9 percent 0 12 percent 0 17 percent