The following information pertains to Bramble Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit.

Assets
Cash and short-term investments	$ 41000
Accounts receivable (net)	25000
Inventory	30000
Property, plant and equipment (net)	224000
Total Assets	$320000

Liabilities and Stockholders Equity
Current liabilities	$ 58000
Long-term liabilities	89000
Stockholders equitycommon	173000
Total Liabilities and Stockholders Equity	$320000

Income Statement
Sales (net)	$ 85000
Cost of goods sold	41000
Gross profit	44000
Operating expenses	20000
Net income	$ 24000

Number of shares of common stock	2000
Market price of common stock	$20
Dividends per share	0.90

What is the return on assets for Bramble?

13.75%

7.81%

7.50%

15.69%