The following information pertains to Carlton Company. Assume that all balance sheet amounts represents end-of-period amounts. Assume that all sales were on credit. Assets Cash and short-term investments $38,904 Accounts receivable (net) 33,705 Inventory 27,192 Property, plant and equipment 215,643 Total Assets $315,444 Liabilities and Stockholders' Equity $56,908 Current liabilities 88,309 Long-term liabilities Stockholders' equity-common 170,227 $315.444 Total liabilities and stockholders' equity Income Statement $81,888 Net Sales 32.755 Cost of goods sold 49,133 Gross margin 27.548 Operating expenses $21,585 Mnt income from operations 1:36 PM Gross margin 49,133 Operating expenses 27,548 Net income from operations $21,585 Interest expense 4,094 Net income $17,491 6,519 Number of shares of common stock $31 Market price of common stock $9,000 Total dividends paid $30,000 Cash provided by operations What is the return on total assets for this company? Select the correct answer. 6.8% 11.6% 2.4% 1.2%