(25) A fire has destroyed a large percentage of the financial records of the Carter Company. You have the task of piecing together information in order to release a financial report. You have found the return on equity to be 23%. If sales were $89,000,000, the debt ratio was 31%, and total liabilities were $14,000,000, what would be the return on assets (ROA)?

21.09%

7.13%

17.52%

15.87%

5.94%