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The image contains information to calculate the Return on Equity (ROE) for three years, using the formula:

\[
\text{ROE} = \frac{\text{Net Income}}{\text{Total Equity}}
\]

The given values are:

- **2021:**
  - Net Income: 3,470,137
  - Total Equity: 39,782,883

- **2022:**
  - Net Income: 3,298,835
  - Total Equity: 47,239,360

- **2023:**
  - Net Income: 3,303,760
  - Total Equity: 47,800,976

Let's calculate the ROE for each year:

\[
\text{ROE}_{2021} = \frac{3,470,137}{39,782,883}
\]

\[
\text{ROE}_{2022} = \frac{3,298,835}{47,239,360}
\]

\[
\text{ROE}_{2023} = \frac{3,303,760}{47,800,976}
\]

I'll perform these calculations for you.The calculated Return on Equity (ROE) for each year is as follows:

- **2021:** 8.72%
- **2022:** 6.98%
- **2023:** 6.91%

These percentages represent the profitability of the company relative to its total equity for each respective year.

Would you like more details or have any questions? Here are some related questions to consider:

1. How does a change in ROE over the years impact the financial health of a company?
2. What might cause a decline in ROE from 2021 to 2023?
3. How can a company improve its ROE?
4. Why is ROE an important measure for investors?
5. What other profitability ratios might be useful alongside ROE?

**Tip:** A decreasing ROE could indicate that a company is becoming less efficient in generating profit from its equity, or it could be a result of a significant increase in equity without a proportional rise in net income.

How to calculate the Return on Equity (ROE) for the years 2021, 2022, and 2023 using the provided net income and total equity values?

Learn how to calculate the Return on Equity (ROE) for 2021, 2022, and 2023 using the formula ROE = Net Income / Total Equity. The net income and total equity values provided are used to determine ROE percentages for these years, highlighting changes in profitability relative to equity.

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