The following information pertains to Coronado 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	$ 40000
Accounts receivable (net)	26000
Inventory	21000
Property, plant and equipment	211000
Total Assets	$298000
Liabilities and Stockholders Equity
Current liabilities	$ 59000
Long-term liabilities	85000
Stockholders equity-common	154000
Total Liabilities and Stockholders Equity	$298000
Income Statement
Sales revenue	$ 85900
Cost of goods sold	44400
Gross margin	41500
Operating expenses	21832
Net income	$ 19668
Number of shares of common stock	5900
Market price of common stock	$18
Dividends per share on common stock	0.90
Cash provided by operations	$31000

What is the return on assets for this company?

A. 6.6%

B. 10.0%

C. 11.7%

D. 26.5%