Marble Comic Group 2018 Statement of comprehensive income ($ in millions) Net sales $905 Less: Cost of goods sold 522 Less: General & adm. Expenses 931 Less: Depreciation 110 EBIT 180 Less: Interest paid 61 Earnings before taxes 119 Less: Taxes 30 Net income $89 2018 Marble Comic Group Statement of financial position Years ended 2017 and 2018 ($ in millions) 2017 2018 $751 $135 Accounts payable 230 214 Notes payable 240 188 Current liabilities 545 537Long-term debt 788 890 Common stock Retained earnings $1,333 $1.427 Total liab. & equity $110 Cash Account rec. Inventory Current assets Fixed assets 442 2017 $891 2271 316 615 55 347 $1,333 552 440 55 380 $1,427 Total assets O 161.8% O 23.4% 22.1% 25.6% O 20.5% Calculate Marble Comics' ROE for 2018. Multiple Choice 161.8% O 23.4% 221% 25.6% 20.5%