Following are the information for ABC Company:

EBIT / revenue = 10%

Tax retention rate = 60%

Revenue/ Assets = 1.8 times

Current ratio = 3 times

EBT/ EBIT = 0.9 times

Assets/ Equity = 1.9 times

ABCs return on equity is closest to:

Select one:

A.

14%

B.

21.5%

C.

10.5%

D.

18.5%