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2. In the most recent year, the Decadent Hotel earned $150,000 of profit before tax, after the deduction of $30,000 in interest expense. The Hotel's

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2. In the most recent year, the Decadent Hotel earned $150,000 of profit before tax, after the deduction of $30,000 in interest expense. The Hotel's liabilities are $600.000 and its owner's equity is $900.000. What is the hotel's return on total assets, before interest and tax? . . 139 120 119 10.6% 9 D. E

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