Imperative Corporation has cash-on-hand of $250,000, receivables of $300,000, payables of $350,000, inventory of $1 million, and net fixed assets of $20 million. The company's sales revenues for the year amounted to $10 million, with net income of $500,000. The company's debt-equity ratio is 2, and its marginal tax rate is 40%. It has no short-term notes payable. What is its return on equity