Excerpts from Nationwide Company's December $31,2024$ and $2023,$ financial statements are presented below:

$20242023$

Accounts receivable $$81,000$ $$83,000$

Inventory $92,00077,000$

Net sales $500,000378,000$

Cost of goods sold $256,000226,000$

Total assets $820,000755,000$

Total stockholders' equity $510,000415,000$

Net income $80,00056,000$

What is the return on equity for $2024?($Round your answer to one decimal place.$)$

Multiple Choice

$1\mathrm{.}5\%$

$15\mathrm{.}7\%$

$17\mathrm{.}3\%$

$3\mathrm{.}0\%$