The Inside Door Has Total Debt of $78,600,total Equity of $214,000,and

Multiple Choice

The Inside Door has total debt of $78,600,total equity of $214,000,and a return on equity of 14.5 percent.What is the return on assets?

A) 9.14 percent
B) 10.61 percent
C) 21.45 percent
D) 34.61 percent
E) 39.48 percent