what was the companys RaoE in 2018?

QUESTION 7 Use the following Income Statement and Balance Sheet Information for 2018 to answer the question below. This is a Retail Company. All numbers are in Millions. Income Statement Total Sales Cost of Sales Gross Profit 220.4 150.2 220.4-150.2 20.2 6.1 Selling and Administrative Expenses Research and Development Depreciation and Amortization Other Income EBIT 3.7 Interest Expense Pretax Income 2.6 220.4.150.2-20.2-6.1- 3.742.6 6.3 220.4-150.2-20.2-6.1-3.7+2. 6-6.3 (220.4-150.2-20.2.6.1-3.7+ 2.6-6.3 )*0.30 (220.4-150.2-20.2.6.1-3.7 2.6-6.3 )*0.70 Taxes Net Income Net Income (220.4-150.2-20.2-6.1-3.7+ 2.6-6.3 )*0.70 74.7 45.4 Balance Sheet Assets Cash Accounts Receivable 42.2 Inventories 6.1 Total Current Assets 74.7+42.246.1 Liabilities Accounts Payable Notes Payable/Short term debt 1.8 Total Current Liabilities 45,4+1.8 87.8 Net property, plant 93,6 and equipment Total long-term assets 93.6 87.8 Long-term debt Total long-term debt liabilities Total Liabilities Stockholders' Equity (Total Equity) Total Liabilities and Stockholders' Equity 45,4+1.8+87.8 74.7+ 42.246.1 +93.6-45.4-1,8- 87.8 45,4+1.8+87.84 74.7+ 42.2+6.193.6-45.4-1.8- 87,8 Total Assets 74.7+42.246.1+93.6 What was the company's ROE in 2018? NOTE: Use the numbers as is. Use four decimals for your answers