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Following is some selected financial information of Rivaz Corporation: 2015 Net income $ 3,000 Dividends $ 1,000 Total Assets - 12/31/2015 $ 35,000 Total Liabilities

Following is some selected financial information of Rivaz Corporation:

2015
Net income $ 3,000
Dividends $ 1,000
Total Assets - 12/31/2015 $ 35,000
Total Liabilities - 12/31/2015 $ 21,225
Number of shares outstanding 1,000
Cost of Equity 12%

Assuming total assets grew by $5,000 from 2014 to 2015, what is the return on assets of Rivaz Corporation for 2015?

Group of answer choices

9.23%

10.00%

8.57%

6.15%

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