$\backslash$table$[[$Cash$,,,],[$Receivables$,14,$Accounts payable,$42],[$Inventories$,70,$Other current liabilities,$28],[$Total CA$,280,$Total CL$,70],[$Net fixed assets,$364,$Long$-$term debt,$140],[$Total assets,$126,$Common equity,$280],[,490,$Total liab. and equity,$420]]$

$\backslash$table$[[$Sales$,280],[$Net income,$21]]$

You have the above balance sheet and income statement for Ahmed's

You want to reduce your total liabilities and use the generated funds to buy back common stock at the book value. You will reduce your total liabilities so that Total Liablilities$-$to$-$Total Equity Ratio $($TL$/$TE$)$ is equal to $0\mathrm{.}32.$ There is no effect on sales or net income. What is the new ROE?

$\%($use $2$ decimals$)$