Soweto Ltd had earnings per share $($EPS$)$ of R$1\mathrm{.}20$ at the end of the current financial year and sales of R$50$ per share. Its asset turnover is $3$ and its debt$-$to$-$equity ratio is $2.$ Furthermore, they have paid R$0\mathrm{.}30$ in dividends.

The return on equity for Soweto Ltd is closest to $...$