Question: Return on Equity Question 9 (5 points) Given the following Balance Sheet and Income Statem&nt information: Sin thousands Balance Sheet Total Assets: $2,438 Total Liabilities:

 Return on Equity Question 9 (5 points) Given the following Balance

Return on Equity Question 9 (5 points) Given the following Balance Sheet and Income Statem&nt information: Sin thousands Balance Sheet Total Assets: $2,438 Total Liabilities: $1,160 Income Statement Earnings Before Income Tax: $432 Income Tax Expense: $86 What is the Return on Equity? Your

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