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Corvex Corporation Consolidated Income Statement Year ended December 31 (in Smillions) 2016 Total sales 610.1 Cost of sales -500.2 Gross profit 109.9 Selling, general, and
Corvex Corporation Consolidated Income Statement Year ended December 31 (in Smillions) 2016 Total sales 610.1 Cost of sales -500.2 Gross profit 109.9 Selling, general, and administrative expenses -40.5 Research and development -24.6 Depreciation and amortization -3.6 Operating income 41.2 Other income Earnings before interest and taxes (EBIT) 41.2 Interest income (expense) -25.1 Pretax income 16.1 Taxes -5.5 Net income 10.6 2015 564.9 -360.5 204.4 -40.5 -23.5 -3.4 137.0 137.0 -14.3 122.7 -42.9 79.8 Select Balance Sheet Data (in $ millions) 2016 Stockholders' Equity 126.6 Total Liabilities and Stockholders' Equity 433.1 2015 63.6 386.7 Refer to the income statement and select balance sheet data above. Corvex Corporation's return on assets (ROA) for the year ending December 31, 2016 is closest to O 24.32% O 19.46% 6.70% O 1.99% O 8.24%
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