Sandhill Limited is a Niagara-on-the-Lake, Ontario-based winery producing blended, premium, and ultra-premium wines, which are sold globally. The company has a strong distribution network in Canada through independent retail locations. The following information has been extracted from the company's annual report. (a). (b) (c) Your answer is partially correct. Calculate Sandhill's return on equity ratio for 2023 and 2024. Note that Sandhill's articles of incorporation authorize only common shares. (Round answers to 1 decimal place, e.g. 15.2\%.) Comment on how effectively Sandhill's management has been able to use the equity of its shareholders to generate returns. The company is using its equity to generate returns efficiently in 2024 than in 2023