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Oriole Company had net income of $170845 and paid dividends of $43500 to common stockholders and $17000 to preferred stockholders in 2020. Oriole Companys common

Oriole Company had net income of $170845 and paid dividends of $43500 to common stockholders and $17000 to preferred stockholders in 2020. Oriole Companys common stockholders equity at the beginning and end of 2020 was $892000 and $1230000, respectively. Oriole Companys return on common stockholders equity was

10.50%.

16.50%.

11.50%.

14.50%.

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