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Brief Exercise 14-8 Whetzel Corporation reported net income of $160,000, declared dividends on common stock of $48,000, and had an ending balance in retained earnings

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Brief Exercise 14-8 Whetzel Corporation reported net income of $160,000, declared dividends on common stock of $48,000, and had an ending balance in retained earnings of $360,000. Common stockholders' equity was $650,000 at the beginning of the year and $820,000 at the end of the year. Compute the return on common stockholders' equity. (Round answer to 1 decimal place, o... 10.5%) Return on common stockholders' equity LINK TO TEXT Question Attempts o of used SAVE FOR LATER SUOMET

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