Flingen Inc. reveals the following information in their annual report for FY 2017

Selected Income Statement Items:

Sales	$10,000,000
Cost of goods sold	$5,000,000
Pretax earnings	$500,000
Selected Balance Sheet Items:
Merchandise inventory	$180,000
Total assets	$2,500,000

Upper management plans to cut cost of goods sold by 5% for the coming year but retain the same sales. What is the return on assets estimated to be for 2018?

Group of answer choices

30%

38%

36%

28%