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A company's net income for the year was $330,000.00. Stockholders' Equity was $1,400,000.00 at the end of the year, and $1,200,000.00 at the beginning of

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A company's net income for the year was $330,000.00. Stockholders' Equity was $1,400,000.00 at the end of the year, and $1,200,000.00 at the beginning of the year. What is the return on equity? (Round your final answer to two decimal places, X.XX%) O A. 12.69% O'B. 27.5% OC. 23.57% OD. 25.38%

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