With a Total Asset Turnover of 1.25X in 2018 for MEC Cor with no debt it generated sales of $15m. Its Basic Earning Power was 15%. With Corp. Taxes @35% Its ROE would be:

Select one:

a. 10.75%

b. 8.5%

c. 12.5%

d. 9.75%

e. None of the Above