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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

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

9%.

14%.

10%.

5%.

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