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The following data was taken from the accounting records of Splish Brothers Corporation: 2024 2023 Total assets $951000 $851000 Total liabilities 251000 241000 Preferred shares

The following data was taken from the accounting records of Splish Brothers Corporation: 2024 2023 Total assets $951000 $851000 Total liabilities 251000 241000 Preferred shares 75100 75100 Common shares 301000 301000 Retained earnings 323900 233900 Additional data: Net income 141000 Interest expense 25100 sales revenue 981000 the return on ASSET for 2024 A)18.5% B)15.6%16.5% D)17.4%

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