Note: The following information should be used for the next eleven (22 through 32) problems. In its closing financial statements for its first year in business, the Runs and Goses Company, had cash of $242, accounts receivable of $850, inventory of $820, net fixed assets of $3,408, accounts payable of $700, short term notes payable of $740, long-term liabilities of $1,100, common stock of $1,160, retained earnings of S1,620, net sales of $2,768, cost of goods sold of S1,210, depreciation of S360, interest expense of $160, taxes of S312, addition to retained earnings of $508, and dividends paid of $218 22. What is the return on equity for Runs and Goses? a. 26,1% b. 44.7% c. 62.6% d. 18.4% e. 7.9 %