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The following information relates to Clarendon, Inc. (All numbers in thousands) 2019 2020 Total Assets $437,000 $450,000 Stockholders' Equity 133,000 138,000 Net Sales Revenue 290,000

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The following information relates to Clarendon, Inc. (All numbers in thousands) 2019 2020 Total Assets $437,000 $450,000 Stockholders' Equity 133,000 138,000 Net Sales Revenue 290,000 270.000 Net Income 27,000 32,000 Compute Clarendon's return on equity (ROE) in 2019. 17 2 points Compute Clarendon's return on equity (ROE) in 2020. 18 2 points What does the change in Clarendon's ROE from 2019 to 2020 indicate

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