The following information was taken from the financial statements of Collin's Inn:

Total current assets	$162,000
Average owner's equity	148,000
Beginning inventory	32,000
Ending inventory	36,000
Cost of goods sold	165,000
Net income	37,000

The return on owner's equity for Collin's Inn is

a. 25%.

b. 80%.

c. 27%.

d. 129%.

The following information was taken from the financial statements of Ashley's Linens:

Total current assets	$ 53,000
Property, plant, and equipment	6,000
Current liabilities	21,000
Long-term liabilities	4,000
Owner's equity	34,000
Beginning inventory	31,000
Ending inventory	33,000
Cost of goods sold	152,000
Net income	42,000

The working capital of Ashley's Linens is

a. $33,000.

b. $34,000.

c. $32,000.

d. $38,000.