The following information pertains to Dallas Company. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. ​                                          Assets                                                  Cash and short-term investments   $  40,000 Accounts receivable (net)   30,000 Merchandise inventory   25,000 Property, plant, and equipment     280,000 Total assets $375,000                                                           Liabilities and Stockholders’ Equity                           Current liabilities   $  60,000 Long-term liabilities   95,000 Stockholders’ equity—common     220,000 Total liabilities and stockholders’ equity $375,000                                  Income Statement                                         Sales   $90,000 Cost of merchandise sold    45,000 Gross profit   $45,000 Operating expenses    15,000 Net income $30,000 Number of shares of common stock   6,000 Market price of common stock   $20.00 Dividends per share   $1.00 Net cash flows from operating activities   $40,000 ​ What is the return on stockholders’ equity (rounded to one decimal place)? Single choice

A

7.3%

B

13.6%

C

20.5%

D

40.9%

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