Fondren Machine Tools has total assets of $$3,310,000$ and current assets of $$879,000.$ It turns over its fixed assets

$3\mathrm{.}6$ times per year. Its return on sales is $4\mathrm{.}8$ percent. It has $$1,750,000$ of debt.

What is its return on stockholders' equity?

Note: Do not round intermediate answers. Input your answer as a percent rounded to $2$ decimal places.

Return on stockholders' equity