In its financial statements KRJ International reported net income of $48 million and an effective tax rate of 30%. Total assets were reported at the beginning of the year as $345 million and at the end of the year $383 million. The LIFO reserve was reported at the beginning of the year as $31 million and at the end of the year $45 million. Calculate the return on assets after including the adjustment for LIFO. Present your answer in percentage terms, rounded to one decimal place, e.g., 12.3%