Universal Corporation has the following data available on December 31 for the year just ended: Click the icon to view the data) The company's return on assets for the year is closest to A. 42.00% B. 81.95% C. 36.50% D. 32.90% Average total assets for the year $ 1,000,000 Total stockholders' equity at the beginning of the year 500,000 Total stockholders' equity at the end of the year 525,000 Net income 420,000 36,000 Interest expense 55,000 Preferred dividends Print Done