Use the following information for Smith Brothers, Inc.:

EBIT / Revenue = 15%

Government Tax Rate = 35%

Tax Retention Rate = 65%

Revenue / Assets = 1.8 times

Current Ratio = 2.4 times

EBT / EBIT = 0.8 times

Assets / Equity = 1.9 times

Smith Brothers, Inc.s return on equity (ROE) is closest to:

A) 14.36%

B) 18.15%

C) 22.98%

D) 26.68%