Rosita's Restaurant Has Sales of $4,500, Total Debt of $1,300

Multiple Choice

Rosita's Restaurant has sales of $4,500, total debt of $1,300, total equity of $2,400, and a profit margin of 5%.What is the return on assets?

A) 5.00%
B) 6.08%
C) 7.39%
D) 9.38%
E) 17.31%