Use the following information to solve the Question below:
---2002---
Total assets: $10,500
Short-term debt: 1,000
Long-term debt: 3,500
Minority interest: 500
Equity: 5,500
Operating income: 1,350
Interest expense: 350
Tax expense (40%): 400
Minority interest: 50
Net income: 550
---2001---
Total assets: $10,000
Short-term debt: 1,000
Long-term debt: 3,000
Minority interest: 450
Equity: 5,000
Question : Return on assets for 2002 is:
A) 7.9%
B) 7.41%
C) 8.78%
D) 8.1%