• HealthTech Innovations has reported a net income of $4.5 million for the fiscal year ending December 31, 2023. The company had total assets of $27 million and total liabilities of $13 million at the end of the year. During the year, HealthTech Innovations issued additional shares, increasing the total equity by $2.2 million. Calculate the return on equity (ROE) for HealthTech Innovations for the fiscal year 2023.