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if total assets in 2024 & 2023 is 964000 & 867000, total liabilities in 2024 & 2023 is 265000 &250000, preferred shares in both years
if total assets in 2024 & 2023 is 964000 & 867000, total liabilities in 2024 & 2023 is 265000 &250000, preferred shares in both years 2024 & 2023 is 78600, common shares in both years 2024 & 2023 is 305000, retained earnings in 2024 & 2023 is 315400 & 233400, net income 165000 interest expense 37200, sales revenue 998000, what is the rate on equity for 2024, 1. 18.2%, 2. 23.6%, 3. 25.1%, 41.8%
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