From the Following Information,calculate Moore Ltd's Rate of Return on Ordinary

Multiple Choice

From the following information,calculate Moore Ltd's rate of return on ordinary shareholders' funds.
Ordinary share capital $600,000.
Retained profits and reserves $200,000.
180,000 fully paid $2.00 10% Preference shares.
Net profit after tax and before preference dividend $276,000.

A) 30.0%.
B) 16.0%.
C) 20.0%.
D) 26.0%.