Question - Pina Colada Corp. had net income of $120200 and paid dividends of $36500 to common stockholders and $24000 to preferred stockholders in 2017. Pina Colada Corp. common stockholders' equity at the beginning and end of 2017s was $480000 and $560000, respectively. Pina Colada Corp. return on common stockholders' equity is
14%.
23%.
18%.
19%.