You Have Prepared a Trend Series for Company XYZ for Three

You have prepared a trend series for Company XYZ for three years, 2004-2006 inclusive, using 2004 as the base year. Below are selected data.
$$\begin{array} { | l | c | c | c | } \hline & 2004 & 2005 & 2006 \\\hline \text { Sales } & 100 & 120 & 135 \\\hline \text { Net Income } & 100 & 118 & 128 \\\hline \text { Total Assets } & 100 & 119 & 130 \\\hline\end{array}$$
-Which of the following statements is incorrect?

A) Net Income in 2006 increased by 28% compared to 2004.
B) XYZ's net income to sales (return on sales) increased in 2006 compared to 2004.
C) XYZ's net income to sales (return on sales) decreased in 2006 compared to 2004.
D) Assets have increased over time.