The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Use this information to answer the question that follow.

The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending balance figures. Assume that all sales were on credit. Use this information to answer the question that follow. Assets Cash and short-term investments $44,515 Accounts receivable (net) 33,608 33,126 Inventory Property, plant, and equipment 279,528 Total assets $390,777 Liabilities and Stockholders' Equity Current liabilities $59,295 Long-term liabilities 89,537 Stockholders' equity--Common 241,945 $390,777 Total liabilities and stockholders' equity Income Statement Net Sales $85,046 Cost of goods sold (34,018) Gross margin 51,028 (22,614) Operating expenses Interest expense (4,252) Net income $24,162 Number of shares of common stock outstanding 5,429 Market price of common stock $26 Total dividends paid $8,500 Cash provided by operations $44,515 Using the data provided for Diane Company, what is the return on total assets? Oa. 8.5% Ob. 7.0% Oc. 9.7% Od. 7.3%