Wichita, Incorporated reported the following amounts on its financial statements prepared as of the end of the current accounting period: Revenues Expenses $ 240,000 189,600 Net Income Current Assets Long-term Assets Total Assets Current Liabilities Long-term Liabilities $ 70,000 210,000 $ 60,000 100,000 $ 50,400 $ 280,000 Total Liabilities Common Stock Retained Earnings Total Equity Total Liabilities and Equity. What is the company's return-on-equity ratio? 160,000 $ 60,000 60,000 120,000 $280,000