The following information pertains to Tamarisk, Inc. 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	$ 36000
Accounts receivable (net)	33000
Inventory	38000
Property, plant and equipment	219000
Total Assets	$326000
Liabilities and Stockholders Equity
Current liabilities	$ 70000
Long-term liabilities	90000
Stockholders equitycommon	166000
Total Liabilities and Stockholders Equity	$326000
Income Statement
Sales revenue	$94000
Cost of goods sold	47000
Gross profit	47000
Operating expenses	29070
Net income	$ 17930
Number of shares of common stock	9000
Market price of common stock	$23
Dividends per share on common stock	0.7
Cash provided by operations	$34882

What is the return on assets for this company?

A. 10.7%

B. 5.5%

C. 12.4%

D. 27.4%