Network Communications has total assets of $$2,320,000$ and current assets of $$635,000.$ It turns over its fixed assets two times a year. It has $$317,000$ of debt. Its return on sales is $6$ percent.

What is its return on stockholders$$ equity?

Network Communications has total assets of $$2,320,000$ and current assets of $$635,000.$ It turns over its fixed assets two times a year.

It has $$317,000$ of debt. Its return on sales is $6$ percent.

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