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This Year Sales (all on account) $ 1,160,000 Cost of goods sold $ 672,800 Gross margin $ 487,200 Net operating income $ 352,750 Interest expense

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This Year Sales (all on account) $ 1,160,000 Cost of goods sold $ 672,800 Gross margin $ 487,200 Net operating income $ 352,750 Interest expense $ 17,000 Net income $ 208,400 Required: What is the return on common stockholders' equity? (Round your answer to 2 decimal places.) Return on common stockholders equity

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