During 2019, Bracket, Inc.'s net income was $350,000. Its common stockholders' equity was $540,000 at January 1, 2019 and $660,000 at December 31, 2019. During 2019, Bracket had 10,000 outstanding shares of 6%, $50 par value cumulative preferred stock. During December 2019, Bracket's board of directors declared the annual preferred stock dividend and a $60,000 common stock dividend.
What is Bracket's 2019 return on common stockholders' equity?

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The Answer of During 2019, Bracket, Inc.'s net income was $350,000. Its common stockholders' equity was $540,000 at January 1, 2019 and $660,000 at December 31, 2019. During 2019, Bracket had 10,000 outstanding shares of 6%, $50 par value cumulative preferred stock. During December 2019, Bracket's board of directors declared the annual preferred stock dividend and a $60,000 common stock dividend.
What is Bracket's 2019 return on common stockholders' equity?