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Little Deer Industries gathered the following year-end data (in thousands) for 2010 and 2009: 2010 2009 Current Assets $525 $465 Long-Term Assets 885 585 Current

Little Deer Industries gathered the following year-end data (in thousands) for 2010 and 2009:

2010

2009

Current Assets

$525

$465

Long-Term Assets

885

585

Current Liabilities

385

385

Long-Term Liabilities

575

575

Owners' Equity

575

265

Net Sales

975

775

Gross Margin

485

365

Net Income

255

100

The return on assets for 2010 was:

A) 10.5%

B) 11.6%

C) 18.8%

D) 20.7%

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