Use the following information in the table below to answer the$$ question:

Nero

Nero

Financial Year ending

$2018$

$2019$

Market Price

$$$$36\mathrm{.}83$

$$$$34\mathrm{.}99$

Total shares outstanding

$5,000,000$

$5,000,000$

Total$$ shareholders' equity

$$$$58$ comma $500$ comma $000\mathrm{.}00$

$$$$60$ comma $500$ comma $000\mathrm{.}00$

Net Income

$$$$6$ comma $562$ comma $885\mathrm{.}04$

$$$$6$ comma $118$ comma $973\mathrm{.}18$

Based on the information given the Accounting Return on Equity for Nero in $2019$ is closest$$ to:

Question content area bottom

Part $1$

A$.$

$4\mathrm{.}06\%$

B$.$

$10\mathrm{.}28\%$

C$.$

$8\mathrm{.}40\%$