The Following Information Pertains to Benedict Company MC: 199 (Count) Preferred Dividends 4,000
What Is the Return

Multiple Choice

The following information pertains to Benedict Company. Assume that all balance sheet amounts represent average balance figures. $$\begin{array} { l r } \text { Total assets } & \$ 300,000 \\\text { Stockholders' equity-common } & 150,000 \\\text { Total stockholders' equity } & 200,000 \\\text { Sales revenue } & 100,000 \\\text { Net income } & 25,000 \\\text { Number of shares of common stock } & 6,000 \\\text { Common dividends } & 6,000\end{array}$$ MC: 199 (count) Preferred dividends 4,000
What is the return on common stockholders' equity ratio for Benedict?

A) 16.7%
B) 14.0%
C) 12.7%
D) 10.5%