The Burger Hut Has Sales of $29 Million,total Assets of $43

Multiple Choice

The Burger Hut has sales of $29 million,total assets of $43 million,and total debt of $13 million.The profit margin is 11 percent.What is the return on equity?

A) 7.42 percent
B) 10.63 percent
C) 11.08 percent
D) 13.31 percent
E) 14.28 percent