greatly appreciated

The condensed balance sheet and income statement for Marjoram Company are presented below. MARJORAM COMPANY Balance Sheet At December 31, 2021 Cash $ 28,500 Notes receivable (due August 15, 2022) 48,000 Accounts receivable (net) 52,200 Merchandise inventory 76,300 Property, plant, and equipment (net) 345,000 Intangible assets 16,200 Total assets $566,280 Current liabilities $121,680 Bonds payable(10%) (long-term) 140,000 Common stock 67,000 Retained earnings 237,600 Total liabilities and equity $566,200 MARJORAM COMPANY Income Statement For the Year ended December 31, 2021 Sales Cost of goods sold Gross profit Operating expenses Operating income Interest expense Income before income tax Income tax expense Net income $989,000 517,400 $471,680 189,000 $282,600 14,000 $268,600 80,580 $188,020 Required: Compute the return on shareholders' equity ratio for Marjoram Company. (Round your percentage answer to nearest whole percent.) Return on shareholders equity 7 % RE Trou 10 Next