You Have Been Provided the Following Information About Wert Inc

question 13

Multiple Choice

You have been provided the following information about Wert Inc.
$$\begin{array} { l l l } \text { (in thousands of dollars) } & 2005 & 2006 \\\text { Sales } & \$ 2,456 & \$ 3,778 \\\text { Net income } & \$ 172 & \$ 202 \\\text { Interest expense } & \$ 50 & \$ 55 \\\text { Total assets } & \$ 1,800 & \$ 1,950 \\\text { Tax rate } & 35 \% & 35 \%\end{array}$$
Return on assets for 2006 is:

• A)13.71%.
• B)12.68%.
• C)10.77%.
• D)13.21%.