Use the following information to answer this question:

Windswept, Incorporated

$2024$ Income Statement

$($$ in millions$)$

Net sales $ $8,700$

Cost of goods sold $7,340$

Depreciation $405$

Earnings before interest and taxes $ $955$

Interest paid $82$

Taxable income $ $873$

Taxes $183$

Net income $ $690$

Windswept, Incorporated

$2023$ and $2024$ Balance Sheets

$($$ in millions$)$

$2023202420232024$

Cash $ $150$ $ $185$ Accounts payable $ $1,180$ $ $1,260$

Accounts received $920730$ Long$-$term debt $1,0001,265$

Inventory $1,5201,550$ Common stock $3,2102,900$

Total $ $2,590$ $ $2,465$ Retained earnings $460710$

Net fixed assets $3,2603,670$

Total assets $ $5,850$ $ $6,135$ Total liabilities & equity $ $5,850$ $ $6,135$

What is the return on equity for $2024?$