(Answered) Bramble corp had net income of 94700 and paid dividends of

Accounting

Bramble Corp. had net income of $94700 and paid dividends of $30000 to common stockholders and $15500 to preferred stockholders in 2017. Bramble Corp. common stockholders' equity at the beginning and end of 2017s was $440000 and $550000, respectively. Bramble Corp. return on common stockholders' equity is

11%.
20%.
15%.
16%.

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