The balance sheet and income statement shown below are for Pettijohn Inc. Note that the firm has no amortization charges, it does not lease any assets, none of its debt must be retired during the next 5 years, and the notes payable will be rolled over. 
-What is the firm's ROE?
Definitions:
Typical Responses
The common or usual reactions that people display in response to certain stimuli or situations.
Apathy
A lack of interest, enthusiasm, or concern; often manifested as indifference to activities, events, or individuals.
Overwhelmed
A feeling of being completely overcome or overpowered by emotions, circumstances, or physical demands.
Potentiating Pairings
A concept in psychology or pharmacology where two elements combined enhance each other's effects.
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