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Condensed statement of financial position and income statement data for Pembina Ltd. are shown below Statement of financial position 2018 2017 2016 Assets Current assets

Condensed statement of financial position and income statement data for Pembina Ltd. are shown below

Statement of financial position
2018 2017 2016
Assets
Current assets
Cash $28 $81 $200
Accounts receivable 908 707 497
Inventory 1,188 794 504
Total current assets 2,124 1,582 1,201
Property, plant, and equipment (net) 4,076 3,778 3,195
Total assets $6,200 $5,360 $4,396
Liabilities and Shareholders Equity
Liabilities
Current liabilities $600 $553 $497
Non-current liabilities 3,042 2,330 1,491
Total liabilities 3,642 2,883 1,988
Shareholders equity
Common shares 996 996 996
Retained earnings 1,562 1,481 1,412
Total shareholders equity 2,558 2,477 2,408
Total liabilities and shareholders equity $6,200 $5,360 $4,396
Income Statement 2018 2017 2016
Sales (all on credit) $4,505 $4,019 $3,574
Cost of goods sold 2,483 2,109 1,797
Gross profit 2,022 1,910 1,777
Operating expenses 1,438 1,479 1,492
Income from operations 584 431 285
Interest expense 190 131 70
Income before income tax 394 300 215
Income tax expense 99 75 54
Net income $295 $225 $161

Calculate the return on common shareholders equity for each year. Assume that common shareholders equity at the end of 2015 was equal to that amount for 2016. (Round answers to 1 decimal place, e.g. 5.2%.)

Return on common shareholders equity 2016 2017 2018

___% ___% ___%

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