Following is some financial information of Dell Inc. which will be used in questions 1-5

2016 2015

Sales $ 49,205 $ 41,444

Net Income 3,043 2,645

Total Assets 23,215 19,311

Shareholder's equity 6,485 6,280

Cash flow from operations 5,310 3,670

Earnings per share 1.21 1.03

Book value per share 2.61 2.46

Closing stock price 33.44 23.86

What is Dell's return on assets for 2016? Round to the nearest number.

• A.

  13 %

• B.

  14 %

• C.

  15 %

• D.

  16 %

• E. 17 %