4 Comparative balance sheets for Softech Canvas Goods for 2024 and 2023 are shown below. Softech pays no dividends and instead reinvests all earnings for future growth. Comparative Balance Sheets (s in thousands) 5 points Book Print Assets: Cash Accounts receivable Short-term investments Inventory Property, plant, and equipment (net) Liabilities and Shareholders' Equity: Current liabilities Bonds payable References Paid-in capital Retained earnings December 31 2024 2023 $.95 175 $ 70 195 80 70 350 230 900 775 $ 1,600 $ 1,340 $390 235 $285 235 625 625 350 195 $1,600 $ 1,340 Required: 1. Determine the return on shareholders' equity for 2024. 2. What does the ratio measure? Complete this question by entering your answers in the tabs below. Required 1 Required 2 Determine the return on shareholders' equity for 2024. Note: Round your answer to 2 decimal places Retum un sharshoiders' equity