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Lawrence Industries' beginning-of-year common stockholders' equity was $625.000 and its end-of-year common stockholders' equity was $618,000. Lawrence's net income was $520,000 and the company paid

Lawrence Industries' beginning-of-year common stockholders' equity was $625.000 and its end-of-year common stockholders' equity was $618,000. Lawrence's net income was $520,000 and the company paid $350,000 in preferred dividends. What is Lawrence's return on common stockholders' equity? O 29% O 2896 0 2796 0 2696

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