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Bramble Corp. had the following information in its financial statements for the years ended 2017 and 2018: Cash dividends for the year 2018 $4900 Net

Bramble Corp. had the following information in its financial statements for the years ended 2017 and 2018:

Cash dividends for the year 2018

$4900

Net income for the year ended 2018

97900

Market price of stock, 12/31/17

8

Market price of stock, 12/31/18

10

Common stockholders equity, 12/31/17

999000

Common stockholders equity, 12/31/18

1196000

Outstanding shares, 12/31/18

100900

Preferred dividends for the year ended 2018

14300

What is the rate of return on common stock equity for Bramble Corp. for the year ended 2018?

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