The following information pertains to The Crane Boutique 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 $ 39000 Accounts receivable (net) 24000 Inventory 19000 Property, plant and equipment 205000 Total Assets $287000 Liabilities and Stockholders' Equity Current liabilities $ 57000 Long-term liabilities 85000 Stockholders' equity-common 145000 Total Liabilities and Stockholders' Equity $287000 Income Statement Sales revenue $ 84000 Cost of goods sold 44000 Gross margin 40000 Operating expenses 19910 Net income $ 20090 Number of shares of common stock 5000 Market price of common stock $18 Dividends per share on common stock 0.9 Cash provided by operations $29000 What is the return on assets for this company? 11.3% 9.7% 26.2% 7.0%