In 2015, Turnpoint Inc. had net income of $400,000, assets of $5,000,000, sales of $2,000,000, and debt of 2,000,000. In 2016, Turnpoint Inc. had net income of $700,000, assets of $4,000,000, sales of $1,300,000, and debt of 2,000,000. Did TurnpointIncsreturn on equity improve from 2015 to 2016?

No

Yes

Stayed the same

Not enough information to answer