17.

The Parry Company provided the following information regarding its operations:

2017	Total assets	$	50,000,000
2018	Total assets	$	55,000,000
2017	Net operating income	$	875,000
2018	Net operating income	$	925,000
2017	Net sales	$	2,525,000
2018	Net sales	$	3,100,000

What is Parry's ROI for the year ending 2018? (Round your answer to 2 decimal places.)

Group of answer choices

1.50%

1.76%

2.72%

1.82%