Selected current year company information follows Net income Net sales Total liabilities beginning-year Total liabilities

Question

Selected current year company information follows:

Net income	$ 15,953
Net sales	712,855
Total liabilities, beginning-year	83,932
Total liabilities, end-of-year	103,201
Total stockholders' equity, beginning-year"u00a6...	198,935
Total stockholders' equity, end-of-year	121,851

The return on total assets is:
A.2.24%
B.2.81%
C.3.64%
D.4.67%
E.6.28%

Answer

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