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Carter Corporation had net income of $250,000 and paid dividends of $50,000 to common stockholders and $20,000 to preferred stockholders in 2008.

Carter Corporation had net income of $250,000 and paid dividends of $50,000 to common stockholders and $20,000 to preferred stockholders in 2008. Carter Corporation's common stockholders' equity at the beginning and end of 2008 was $870,000 and $1,130,000, respectively.  There are 100,000 weighted-average shares of common stock outstanding.
Carter Corporation's return on common stockholders' equity was?
a. 25%
b. 23%
c. 20%
d. 18%


What was the earnings per share?

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