QUESTION 7 At January 1, 2016, Whooping Crane Company had total assets of $3,600.000 and at December 31, 2016, its total assets were $4,400,000. Whooping Crane's net sales for 2016 were $3,400,000 and its 2016 net income was $240,000. Whooping Crane's return on assets for 2018 is: A5.5% B.6.0% OC6.7% D. 85.0%