What is the ROE for 2017 ? (Compute based on the average total shareholder's equity) 10.38%14.56%19.72%23.74%

What is the ROE for 2017? (Compute based on the average total shareholder's equity) 0 10.38% O O O Bluebull Shoes Inc., has the following balance sheet and the income statement. The company had 100 million shares of common stock outstanding and its market price of the common stock was 570 at the end of 2017. Make sure the unit is in million dollars. 14.66% 19.72% 23.74% Cash Accounts receivable Inventory Net fixed assets Total Assets 2016 $1,050 600 500 1,000 $3,150 Net sales Cost of goods sold Depreciation Interest expenses Taxable income Taxes Net income Dividends Southeast Balance 2017 $1,100 700 550 1,000 $3,350 Systems Sheets Accounts payable Long-term debt Common equity Retained earnings Total Liabilities & Owner's E uit 2016 $450 950 300 1,450 $3,150 (unit: S in millions) 2017 $500 1,050 300 1 500 $3,350 Income Statement 2017 $3,370 2,070 500 800 300 500 $350 $300