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

$($$ in thousands$)$

December $31$

$20242023$

Assets:

Cash $ $71$ $ $54$

Accounts receivable $135155$

Short$-$term investments $6454$

Inventory $270182$

Property, plant, and equipment $($net$)740655$

$ $1,280$ $ $1,100$

Liabilities and Shareholders$$ Equity:

Current liabilities $ $310$ $ $245$

Bonds payable $195195$

Paid$-$in capital $505505$

Retained earnings $270155$

$ $1,280$ $ $1,100$

Required:

Determine the return on shareholders$$ equity for $2024.$

What does the ratio measure?