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 $ $89$ $ $66$

Accounts receivable $165185$

Short$-$term investments $7666$

Inventory $330218$

Property, plant, and equipment $($net$)860745$

$ $1,520$ $ $1,280$

Liabilities and Shareholders$$ Equity:

Current liabilities $ $370$ $ $275$

Bonds payable $225225$

Paid$-$in capital $595595$

Retained earnings $330185$

$ $1,520$ $ $1,280$

Required:

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

What does the ratio measure?