Use the Following Information for Questions

Multiple Choice

Use the following information for questions.
The following data are provided for Croatia Corp.'s last two fiscal years: Additional information:
On May 1, 2018, 6,000 common shares were issued.Although dividends had been declared regularly up to December 31, 2017, preferred dividends were NOT declared during 2018.The market price of the common shares was $100 at December 31, 2018.
-To the nearest percent, the rate of return on common shareholders' equity for 2018 is

A) 23%.
B) 22%.
C) 20%.
D) 18%.