Based on the following information, determine the Return on
Equity. Provide your answer in decimal form with three significant
digits.
INCOME STATEMENT
BALANCE SHEET
Revenue
$38,877,756.76
Assets
Current Assets
Direct Costs
Cash & Securities
$2,151,266.15
Materials
$5,323,315.69
Accounts Receivables
$4,445,237.68
Labor
$4,384,218.03
Retainage
$920,988.32
Subcontractors
$16,651,954.24
Inventory
$85,012.02
Equipment
$2,399,707.16
Earnings in Excess of Billings
$277,109.63
Other
$3,083,293.13
Prepaid Expenses
$818,048.1
Other Current Assets
$214,574.04
Overhead
Indirect Costs
$833,274.68
Fixed Assets
G&A Costs
$3,665,166.4
Property
$247,360.68
Construction Equipment
$3,430,387.61...