The following information pertains to Diane Company. Assume that all balance sheet amounts represent both average and ending balance figures and that all sales were on credit. Use this information to answer the question that follow. Assets Cash and short-term investments $37,348 33,128 Accounts receivable (net) Merchandise inventory Property, plant, and equipment 27,083 217,652 Total assets $315,211 Liabilities and Stockholders' Equity $64,880 95,674 Current liabilities Long-term liabilities Stockholders' equity-common Total liabilities and stockholders' equity 154,657 43 $315,211 Income Statement Sales $80,955 Cost of merchandise sold (32,382) $48,573 Gross profit Operating expenses Interest expense (25,272) (4,048) Net income $19,253 Income Statement Sales $80,955 Cost of merchandise sold (32,382) Gross profit $48,573 Operating expenses Interest expense (25,272) (4,048) Net income $19,253 Number of shares of common stock outstanding 5,413 Market price per share of common stock $35 Total dividends paid $10,000 Net cash flows from operating activities $37,348 Using the data provided for Diane Company, what is the return on total assets (round your answer to one decimal place)? Oa. 8.596 Ob. 7.1% Oc. 9.7% Od. 7.4%