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

ELKHARDT LTD. Statement of Financial Position December 31 (in thousands)
		2018		2017		2016
Assets
Current assets
Cash		$29		$79		$199
Accounts receivable		898		706		502
Inventory		1,198		798		498
Total current assets		2,125		1,583		1,199
Property, plant, and equipment (net)		4,124		3,777		3,168
Total assets		$6,249		$5,360		$4,367
Liabilities and Shareholders Equity
Liabilities
Current liabilities		$600		$547		$502
Non-current liabilities		3,044		2,307		1,505
Total liabilities		3,644		2,854		2,007
Shareholders equity
Common shares		995		995		995
Retained earnings		1,610		1,511		1,365
Total shareholders equity		2,605		2,506		2,360
Total liabilities and shareholders equity		$6,249		$5,360		$4,367

ELKHARDT LTD. Income Statement Year Ended December 31 (in thousands)
		2018		2017		2016
Sales (all on credit)		$4,473		$4,009		$3,602
Cost of goods sold		2,503		2,113		1,812
Gross profit		1,970		1,896		1,790
Operating expenses		1,436		1,475		1,498
Income from operations		534		421		292
Interest expense		191		129		70
Income before income tax		343		292		222
Income tax expense		86		73		56
Net income		$257		$219		$166

(g1) - Your answer is partially correct. Calculate the return on common shareholdersequity 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%.) 2016 2017 2018 Return on common shareholders' equity 9.9 %