Question: Presented below is information reported by Om Ltd. for their last two scal years: Dec 31 2015 Dec 31 2014 Common shares $ 75,000| $

Presented below is information reported by Om Ltd. for their last two scal years: Dec 31 2015 Dec 31 2014 Common shares $ 7"5,000| $ 60,000 6% preferred shares, no par value, nonaoumulative 350,000 350,000 Retained earnings (postolosing) 90,000 75,000 Net income for year 50,000 32,000 What is Om's rate of return on common shareholders' equity for 2015? a. 48.3% b. 26% c. 25% d. 22.4%

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