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The following information is provided for Sandhill Co. and Indigo Corporation:
(in $ millions) | Sandhill Co. | Indigo Corporation |
Net income 2017 | $125 | $375 |
Net sales 2017 | 1540 | 4500 |
Total assets 12/31/15 | 1045 | 2010 |
Total assets 12/31/16 | 1220 | 3150 |
Total assets 12/31/17 | 1175 | 4070 |
What is Indigo's return on assets (rounded) for 2017?
11.9% |
10.4% |
9.2% |
10.1% |
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