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Corbin Inc had net income of $ 1 5 0 , 0 0 0 on sales of $ 5 , 0 0 0 , 0

Corbin Inc had net income of $150,000 on sales of $5,000,000. Its total assets were $2,500,00 and its capital structure is comprised of 40% debt and 60% equity. What was its return on equity (ROE)?
a.15%
b.2.5%
c.10%
d.17.5%
e. ROE cannot be determined from the information given
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