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Based on the partial balance sheet of Marco Investments, Inc., compute the rate of return on total assets. Total Assets, December 31, 2017 $196,000 Total

Based on the partial balance sheet of Marco Investments, Inc., compute the rate of return on total assets.

Total Assets, December 31, 2017

$196,000

Total Assets, December 31, 2016

$145,000

For Year Ended December 31, 2017:

Interest Expense

$6000

Net Income

$23,000

A) 17.01% B) 11.73%

C) 9.97% D) 8.50%

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