Carey,IncProvides the Following Information Calculate the Return on Investment

Multiple Choice

Carey,Inc.provides the following information: $$\begin{array} { | l | r | } \hline \text { Profit margin ratio } & 6 \% \\\hline \text { Asset turnover ratio } & 2 \text { times } \\\hline \text { Net sales } & \$ 500,000 \\\hline \text { Target rate of return } & 9 \% \\\hline\end{array}$$ Calculate the return on investment.

A) 12%
B) 54%
C) 3%
D) 15%