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Question 7 Assume that all balance sheet amounts for Crane Company represent average balance figures. $170000 220000 90000 Stockholders' equity-common Total stockholders' equity Sales Net

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Question 7 Assume that all balance sheet amounts for Crane Company represent average balance figures. $170000 220000 90000 Stockholders' equity-common Total stockholders' equity Sales Net income Number of shares of common stock Common stock dividends Preferred stock dividends 28000 8000 9000 2500 What is the return on common stockholders' equity for Crane? O 9.7% O 15.0% O 11.2%

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