In 2025, Orasco SA had net sales of R\($600,000\) and cost of goods sold of R\($360,000.

Operating\) expenses were R\($153,000,\) and interest expense was R\($7,500.\) The corporation’s tax rate is 30%. The corporation declared preference dividends of R\($15,000\) in 2025, and its average ordinary shareholders’ equity during the year was R\($200,000.

Instructions\) Compute Orasco’s return on ordinary shareholders’ equity for 2025.