Question: Comparative balance sheets for Softech Canvas Goods for 2021 and 2020 are shown below. Softech pays no dividends and instead reinvests all earnings for future

 Comparative balance sheets for Softech Canvas Goods for 2021 and 2020

Comparative balance sheets for Softech Canvas Goods for 2021 and 2020 are shown below. Softech pays no dividends and instead reinvests all earnings for future growth. Required: 1. Determine the return on shareholders' equity for 2021. (Round your answer to 2 decimal places.)

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