Mitchell, Inc had a $375,000 profit in 2019. $35,000 was paid to preferred stockholders. $80,000 was kept as retained earnings. The rest was paid as a dividend to common shareholders. The balance sheet dated Dec. 31, 2019 indicates assets totaling $445,000 and common stock equity totaling $1,100,000. What is The Return on Equity (ROE) for Mitchell, Inc. in 2019? HTML Editore B I VA - A - I E33x , V GOV D T: 12pt