The following information pertains to Marigold Corp. 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	$ 50000
Accounts receivable (net)	48000
Inventory	27000
Property, plant and equipment	242000
Total Assets	$ 367000
Liabilities and Stockholders Equity
Current liabilities	$ 53000
Long-term liabilities	74000
Stockholders equitycommon	240000
Total Liabilities and Stockholders Equity	$ 367000
Income Statement
Sales revenue	$ 82000
Cost of goods sold	45000
Gross profit	37000
Operating expenses	21219
Net income	$ 15781
Number of shares of common stock	10000
Market price of common stock	$ 20
Dividends per share on common stock	5.0
Cash provided by operations	$ 73400

What is the return on assets for this company?

4.3%

36.7%

21.7%

20.0%