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At January 1, 2019, Crane Company had total assets of $1,800,000 and at December 31, 2019, its total assets were $2,200,000. Cranes net sales for

At January 1, 2019, Crane Company had total assets of $1,800,000 and at December 31, 2019, its total assets were $2,200,000. Cranes net sales for 2019 were $1,700,000 and its 2019 net income was $110,000. Cranes return on assets for 2019 is:

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