OCloud Corporation's suite of software products and services provides secure and scalable solutions for global companies. The following is an extract from the company's 2020 and 2019 comparative income statements and statement of financial position. The market price of OCloud's common shares was $41.07 and $38.20 on June 30, 2020, and June 30, 2019, respectively. OCloud declared dividends per common share of $0.474 and $0.417 for 2020 and 2019, respectively. OCLOUD CORPORATION Years Ended June 30, 2020, and 2019 (in thousands) Comparative Income Statement 2020 2019 Total revenues $2,271,350 $1,828,910 Total cost of revenues 769,414 575,795 Total operating expenses 1,181,791 $996,325 887,624 $281,306 Net income Statement of Financial Position 2020 2019 Total assets $7,505,180 $5,193,460 Total liabilities 3,961,076 3,770,984 Common share capital 1,443,973 821,864 Total shareholders' equity $3,544,104 $1,422,476 Weighted average number of commons shares outstanding 252,148 243,899 Calculate the return on shareholders' equity for OCloud in 2020. Note that OCloud's articles of incorporation authorize only common shares. The average return for the shares listed on the Toronto Stock Exchange in a comparable period was 19.8%. (Round answer to 1 decimal place, e.g. 15.2%.) % Return on shareholder's equity