ques 8

* 5 points 20122017 Contributed capital Preferred shares, $6,5,000 shares issued and outstanding $ 500,000$500,000 Common shares, 10,000 shares issued and outstanding 500,000400,000 Total contributed capital 1,000,000900,000 Retained earnings 200,000100,000 Total shareholders' equity $1,200,000$1,000,000 Note: The preferred shares are noncumulative, and no dividend was declared during 2020. What is the rate of return on common shareholders' equity for 2020 ? 6.36% 11.86% 11.67% 16.67%