The following information is available:

Sales	$	600,000
Net Income	$	30,000
Retained Earnings	$	60,000
Average Stockholders' Equity	$	200,000
Dividends	$	10,000

What is the return on equity? (Round your answer to the nearest whole number.)

Select one:

a. 5%

b. 25%

c. 20%

d. 15%