Question: Use the following information in the table below to answer the question: Financial Year ending Market Price Total shares outstanding Nero 2018 $36.63 5,000,000 Nero

Use the following information in the table below to answer the

Use the following information in the table below to answer the question: Financial Year ending Market Price Total shares outstanding Nero 2018 $36.63 5,000,000 Nero 2019 $33.14 5,000,000 Total shareholders' equity Net Income $58,500,000.00 $7,165,135.24 $60,500,000.00 $6,921,226.02 Based on the information given the Accounting Return on Equity for Nero in 2019 is closest to: O A. 8.40% OB. 4.41% O C. 11.63%

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