The condensed balance sheet and income statement for Microsoft are presented below. MARJORAM COMPANY Balance Sheet Cash B December 31, 2024 $ 20,000 31,000 48,800 71,200 Notes receivable (due August 15, 2025) Accounts receivable (net) Inventory Property, plant, and equipment (net) Intangible assets Total assets Current liabilities Bonds payable (11%) (long-term) Common stock Retained earnings Total liabilities and equity 260,000 12,800 $ 443,800 $ 104,200 110,000 72,000 157,600 $ 443,800 MARJORAM COMPANY Sales Income Statement For the Year ended December 31, 2024 Cost of goods sold Gross profit Operating expenses $ 734,000 432,400 $ 301,600 168,600 $ 133,000 12,100 $ 120,900 36,270 $ 84,630 Operating income Interest expense Income before income tax Income tax expense Net income Required: Compute the return on shareholders' equity ratio for Microsoft. Note: Round your percentage answer to nearest whole percent. Return on shareholders' equity %