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Blossom Imports reported net income of NT$301,275, declared dividends on ordinary shares of NT$49,000, and had an ending balance in retained earnings of NT$379,000. Ordinary
Blossom Imports reported net income of NT$301,275, declared dividends on ordinary shares of NT$49,000, and had an ending balance in retained earnings of NT$379,000. Ordinary shareholders' equity was NT$731,000 at the beginning of the year and NT$814,000 at the end of the year. Compute the return on ordinary shareholders' equity. (Round answer to O decimal place, e.g. 52.) Return on ordinary shareholders' equity is %
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