Selected ratios follow for Barron Inc. for the year ended December 31 (in millions). What is the company's return on equity (ROE) for the year?

	Profit		Asset
Return on net	Margin	Net operating profit	turnover	Financial leverage
operating assets (RNOA)	(PM)	margin (NOPM)	(AT)	(FL)
43.6%	11.6%	11.4%	1.49	1.72

Select one:

a. 29.7%

b. None of these are correct.

c. 13.0%

d. 17.3%

e. 29.2%