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Skysong, Inc. had net income of $ 1 4 6 4 3 0 and paid dividends of $ 4 6 0 0 0 to common

Skysong, Inc. had net income of $146430 and paid dividends of $46000 to common stockholders and $24000 to preferred stockholders in 2020. Skysong, Inc.'s common stockholders' equity at the beginning and end of 2020 was $876000 and $1350000, respectively. Skysong, Inc.'s return on common stockholders' equity was
8.00%.
7.00%
11.00%.
13.00%
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