Compute rate of retum on common stockholders' equity for 2024 assuming no dividends were declared or paid to preferred stockhold C 2024 2023 Select the formula, then enter the amounts to calculate the company's rate of retum on common stockholders' equity for 2024. (Abb answer to the nearest whole percent) Net income 15,000 Preferred dividends 0 Income Statement-partial: Net Income S 15,000 S 19,400 Dec. 31, 2024 Dec. 31, 2023 Average common SE 267.500 Rate of return on common SE Balance Sheet-partial: $ 322,000 5 313,000 Total Asse Preferred Stock S 2,000 $ 2,000 Common Stock 162,000 170,000 5,000 4,000 Retained Eamings Total Stockholders' Equity 189,000 $ 176,000