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Jerry Rice and Grain Stores has $ 4 , 7 8 0 , 0 0 0 in yearly sales. The firm earns 4 . 5

Jerry Rice and Grain Stores has $4,780,000 in yearly sales. The firm earns 4.5 percent on each dollar of sales and turns over its assets 27 times per year. It has $123,000 in current liabilities and $349,000 in long-term liabilities.
a. What is its return on stockholders' equity?
Note: Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.
Return on stockholders' equity
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