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Question 10 10. Assuming the following data, calculate rate of return on total assets (rounded amounts) Total Assets, May 31, 20X9$11.000,000 Total Assets. May 31,

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Question 10 10. Assuming the following data, calculate rate of return on total assets (rounded amounts) Total Assets, May 31, 20X9$11.000,000 Total Assets. May 31, 20X810,000,000 For Yr. Ended May 31, 20x9 Depreciation Expense 30,000 Interest Expense 98,000 Net Incomel 900,000 A. 7.6% B. 8.6% D. 10.0%

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