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 $ $113$ $ $82$

Accounts receivable $205225$

Short$-$term investments $9282$

Inventory $410266$

Property, plant, and equipment $($net$)1,020865$

$ $1,840$ $ $1,520$

Liabilities and Shareholders$$ Equity:

Current liabilities $ $450$ $ $315$

Bonds payable $265265$

Paid$-$in capital $715715$

Retained earnings $410225$

$ $1,840$ $ $1,520$

Required:

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

What does the ratio measure?