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Use the following information to answer this question. What is the return on equity for 2022 use the following information to answer this question. Bayside,

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Use the following information to answer this question. What is the return on equity for 2022

use the following information to answer this question. Bayside, Incorporated 2022 Statement (in millions) s 6,040 $ 1,440 $ 1,410 $ 1,580 $ 1,510 $ 2,810 s 3,090 $ 6,530 S 6,510 $ 6,530 $ 6,510 Net sales Cost Of goods sold Earnings before interest Interest paid Taxable income Taxes Net income Cash AccounEs receivable Inventory Total Net fixed assets Total assetg What is the return on equity for 2022? ide , 4,200 400 423 s 987 Inco r p orated 2021 2021 and 2022 Balance sheets 2022 115 990 1,705 3,700 $ 220 830 2,040 3,440 Accounts payable Longterm debt Common stock Retained earnings Total liabilities 2021 810 3,240 BBO 2022 610 3,280 1,130 equity

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