Weygandt, Financial Accounting: IFRS, 3e Help System Announcements CALCULATOR PRINTER VERSION 4 BACK NI The following information pertains to Soho Company. Assume that all statement of financial position amounts represent both average and ending balance figures. Assume that all sales were on credit. Assets Property, plant and equipment Inventory Accounts receivable (net) Cash and short-term investments Total Assets $210,000 20,000 30,000 45,000 $305,000 Equity and Liabilities Shareholders' equity-ordinary Non-current liabilities Current liabilities Total Equity and Liabilities $160,000 95,000 50,000 $305,000 Income Statement Sales revenue Cost of goods sold Gross margin Operating expenses Net income $120,000 66,000 54,000 30,000 $ 24.000 acer CALCULATOR PRINTERV Sales revenue Cost of goods sold Gross margin Operating expenses Net income $120,000 66,000 54,000 30,000 $ 24.000 Number of ordinary shares Market price of ordinary shares Dividends per share 6,000 $20 .50 What is the return on ordinary shareholders' equity for Soho? O 6.7% 33.8% 75.0% 15.0% O