The following data are given for "Beta Company": AssetsProperty,plantandequipmentInventoryAccountsreceivable(net)Cashandshort-terminvestmentsTotalAssets215,00027,00030,00040,500312,500 Equity and Liabilities \begin{tabular}{lc} \hline Common Stock & 177,500 \\ Non-current liabilities & 75,000 \\ Current liabilities & 60,000 \\ Total Equity and Liabilities & 312,500 \end{tabular} Income Statement Sales revenue 90,000 CostofgoodssoldGrossmargin40,00050,000 Operating expenses Net income Number of common shares 5,00020,000 Market price per share 20 The return on assets for "Beta Company is: r a. 6.4% c b. 9.3% c c. 12.8% r d. 16% e. None of the given answers is correct