Whetzel Corporation reported net income of $150,000, declared dividends on common stock of $45,000, and had an ending balance in retained earnings of $350,000. Common stockholders equity was $710,000at the beginning of the year and $850,000at the end of the year.

Compute the return on common stockholders equity. (Round answer to 1 decimal place, e.g. 10.5%.)

Return on common stockholders equity