SW Company provides the Equity & Liability information below for analysis SW Company had net income of $365,700 in 2020 and $339,200 in 2019.

Equity and Liabilities                                                                  2020                            2019 

Share capital common (122,900 shares issued)             $ 1,215,000                    $ 1,215,000 

Retained earnings (Note 1)                                                       413,800                          311,300 

Accrued liabilities                                                                            9,800                              6,600 

Notes payable (current)                                                              79,700                            56,600 

Accounts payable                                                                        61,400                          175,500 

Total equity and liabilities                                                 $ 1,779,700                    $ 1,765,000

 

Note 1: Cash dividends were paid at the rate of $1 per share in 2019 and $2 per share in 2020. Required: 1. Calculate the return on common share equity for 2019 and 2020. (Assume total equity was $1,484,000 at December 31, 2018.) (Round your answers to 1 decimal place.)