Gullible Corporation ended the year $2020$ with the following financial information: Net Income of $$53,475$ and Total Assets of $$722,340.$ Total assets for $2019$ amounted to $$785,670.$ Compute for Gullible's Return on Assets for $2020.$

Select one:

a$.10\%$

b$.7\%$

c$.5\%$

d$.12\%$