Abbe Company Reported the Following Financial Numbers for One of Its

Multiple Choice

Abbe Company reported the following financial numbers for one of its divisions for the year; average total assets of $4,100,000; sales of $4,525,000; cost of goods sold of $2,550,000; and operating expenses of $1,372,000. Compute the division's return on assets:

A) 30.3%.
B) 23.6%.
C) 13.3%.
D) 10.4%.
E) 14.7%.