2 points Assuming that no dividends were declared or paid during the period, calculate Return on assets ratio from the information: Selected data from the Florida Fruit Company are presented below: Total assets $1,500,000 Average total assets 1,850,000 Net Income 175,000 Net sales 1,300,000 Average common stockholders' equity 1,000,000 Net cash provided by operating activities 275,000 "answer must be in percent. Return on assets - Net Income + Average total assets