Concord Corporation had net income of $67245 and paid dividends of $38000 to common

Concord Corporation had net income of $67245 and paid dividends of $38000 to common

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Concord Corporation had net income of $67245 and paid dividends of $38000 to common stockholders and $16500 to preferred stockholders in 2017. Concord Corporation common stockholders’ equity at the beginning and end of 2017s was $450000 and $545000, respectively. Concord Corporation return on common stockholders’ equity is

 




10%.
 


5%.
 


14%.
 


9%.
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