Excerpts from Nationwide Company's December 31, 2024 and 2023, financial statements are presented below: 2024 2023 Accounts receivable $89,000 $80,000 Inventory 92,000 74,000 Net sales 430,000 380,000 Cost of goods sold 260,000 224,000 Total assets 835,000 755,000 Total stockholders' equity 505,000 435,000 Net income 73,000 59,000 What is the return on equity for 2024? (Round your answer to one decimal place.) Multiple Choice 15.5% 14.5% 3.1% 1.5%

Excerpts from Nationwide Company's December 31, 2024 and 2023, financial statements are presented below: What is the return on equity for 2024 ? (Round your answer to one decimal place.) Multiple Choice 15.5% 14.5% 3.1% 1.5%