Crasler Company's net income last year was $100,000.The company paid preferred dividends of $20,000 and its average common shareholders' equity was $580,000.The company's return on common shareholders' equity for the year was closest to:
A) 3.4%.
B) 13.8%.
C) 17.2%.
D) 20.7%.

Question

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The Answer of Crasler Company's net income last year was $100,000.The company paid preferred dividends of $20,000 and its average common shareholders' equity was $580,000.The company's return on common shareholders' equity for the year was closest to:
A) 3.4%.
B) 13.8%.
C) 17.2%.
D) 20.7%.

Crasler Company's Net Income Last Year Was $100,000