Coronado Corporation had net income of $240000 and paid dividends of $36000 to common stockholders and $9000 to preferred stockholders in 2018. Coronado Corporations common stockholders equity at the beginning and end of 2018 was $780000 and $1220000, respectively. There are 109000 weighted-average shares of common stock outstanding.

CoronadoCorporations return on common stockholders equity was

A. 18.90%. B. 16.00%. C. 23.10%. D. 19.50%.