Presented below is selected financial information for Matthews Corporation for the most recent fiscal year ended December 31 ($ millions) Question: What is the return on equity for Matthew Corporation is A)30.9% B)27.7% C)31.2% D)24.9% Im told D is the correct answer, but I keep getting B. Can you explain how to get the correct answer?

4:40 PM Tue Jun 28 Spreadsheets + 12. ACC 310 Critical Assignment A. B. C. m For problems 12., 13., 14., and 15., refer to the following information related to Matthews Corporation. Assets Cash and cash equivalents Short-term investment Receivables, net Merchandise inventories Other current assets. Total current assets Noncurrent assets Total assets Presented below is selected financial information for Matthews Corporation for the most recent fiscal year ended December 31 ($ millions) Revenues Costs and Expenses Operating Income Other income/expense (including interest ex Income before income tax Income tax expense Net income including noncontrolling interest ACC 310 Critical Assignment (1) (1) Previous Year's Financial Data Total Assets Shareholders' Equity The current ratio is for Matthews Corporation is 0.66 4.73 1.49 151 2,432 1,456 1,280 5,174 1,387 11,729 3,527 15,256 40,339 38,889 1,450 ... (63) 1,387 141 1,246 14,013 3,989 Liabilities Accounts payable Other current liabilities Total current liabilities d Long-term liabilities Shareholders' Equity Total liabilities and shareholders' equity + 5,030 2,747 7,777 2,479 5,000 15,256 Q 74% IT