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10. Calculate the ROI for the following: Roofing has operating income for the current year of $500,000. The December 31 the balance sheet was $400,000

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10. Calculate the ROI for the following: Roofing has operating income for the current year of $500,000. The December 31 the balance sheet was $400,000 in cash, $600,000 in accounts receivable, $1,000,000 in inventory, and $3,000,000 in net fixed assets. Income after taxes was $350,000. Calculate the answer to the nearest whole number percentage (but omit the percent sign)

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