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Krogen Grocers 2016 balance sheet shows average stockholders equity of $12,000 million, net operating profit after tax of $1,140million, net income of $380 million, and

Krogen Grocers 2016 balance sheet shows average stockholders equity of $12,000 million, net operating profit after tax of $1,140million, net income of $380 million, and common shares issued of $1,916 million.

The company has no preferred shares issued. Krogen Grocers return on common stockholders equity for the year is:

A) 15.97%
B) 3.17%
C) 6.33%
D) 9.50%

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