The Martin Company reported net income of $15,000 on gross sales of $80,000. The company has average total assets of $135,000, of which $102,000 is property, plant, and equipment. What is the company's return on investment? (Rounded to the nearest decimal point.)
A. 18.8%
B. 14.7%
C. 12.5%
D. 11.1%
Answer: D
Business
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