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Following are selected ratios of Canary Corp. for 2017 and 2016. Return on Assets (ROA) Component Profitability (Net income/Sales) ............... Productivity (Sales/Average net assets) .......

Following are selected ratios of Canary Corp. for 2017 and 2016.

Return on Assets (ROA) Component

Profitability (Net income/Sales) ............... Productivity (Sales/Average net assets) .......

Compute the company's return on assets (ROA) for 2017.

a. 30.0% b. 19.2% c. 12.1% d. 31.2%

2017 2016

26% 22% 1.2 1.1

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