Current Attempt in Progress Shown below is the liabilities and stockholders' equity section of the balance sheet for Vaughn Company and Bramble Company. Each has assets totaling $4,376,000. Vaughn Co. BrambleCo. Current liabilities $285,000 Current liabilities $755,000 Long-term debt, 11% 1,150,000 Common stock ($20 par) 2,860,000 Common stock ($20 par) 2,180,000 Retained earnings (Cash dividends, $315,000) 761,000 Retained earnings (Cash dividends, $216,000) 761,000 $4,376,000 $4,376,000 For the year, each company has earned the same income before interest and taxes. Vaughn Co. Bramble Co. Income before interest and taxes Interest expense $1,240,000 $1,240,000 126,500 1,113,500 1,240,000 Income taxes (20%) 222,700 248,000 Net income $890.800 $992,000 At year-end, the market price of Vaughn's stock was $101 per share, and Bramble's was $63.50. Assume balance sheet amounts are representative for the entire year. (a) Calculate the return on total assets? (Round answers to 2 decimal places, e.g. 16.85%.) Return on total assets Vaughn Company Bramble Company %