Whetzel Corporation reported net income of $156,240, declared dividends on common stock of $54,210, and had an ending balance in retained earnings of $362,600. Common stockholders equity was $742,370 at the beginning of the year and $820,070 at 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

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