Selected current year company information follows: Net income$15,953 Net sales 712,855 Total liabilities, beginning-year 83,932 Total liabilities, end-of-year 103,201 Total stockholders' equity, beginning-year 198,935 Total stockholders' equity, end-of-year 121,851 The return on total assets is:
A. 2.24%
B. 4.67%
C. 6.28%
D. 2.81%
E. 3.64%
Answer: C
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