The following information pertains to Sheridan Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit.

Assets
Cash and short-term investments	$ 41000
Accounts receivable (net)	27000
Inventory	30000
Property, plant and equipment	219000
Total Assets	$317000

Liabilities and Stockholders Equity
Current liabilities	$ 61000
Long-term liabilities	76000
Stockholders equitycommon	180000
Total Liabilities and Stockholders Equity	$317000

Income Statement
Sales (net)	$ 80000
Cost of goods sold	42000
Gross profit	38000
Operating expenses	29000
Net income	$ 9000

Number of shares of common stock	8000
Market price of common stock	$24
Dividends per share	1.00

What is the return on common stockholders equity for Sheridan?

31.2%

10.0%

5.0%

2.8%