Concord Corporation had net income of $270000 and paid dividends of $400000 to common stockholders and $10000 to preferred stockholders in 2020. Concord Corporations common stockholders equity at the beginning and end of 2020 was $830000 and $1170000, respectively. There are 93000 weighted-average shares of common stock outstanding.

ConcordCorporations return on common stockholders equity was

12.00%.

22.22%.

10.26%.

26.00%.