Broadmore Corporation reported the following information for 20 *6 and 20 X7 :` 20 X 7 data Net sales revenue $950, 000 Cost of goods sold 630 , 000 Total assets as of December 31 525 , 000 Current liabilities 25, 000 Stockholders' equity on December 31 395, 000 Selling and general expenses 230, 000 Interest expense 20, 000 Net income 70, 000 Current assets 60 , 000 20 X6 data Current liabilities $ 20, 000 Total assets on December 31 500, 000 Stockholders' equity on December 31 275, 000 Current assets 55, 000 2 ) Refer to Table 4 . The rate of return on net sales is :" A ) 0 . 07 B ) 0 . 20 ( ) 0. 05 D ) 0 . 66