Laurier Inc. had total assets at the beginning of the year of $ 10000000 and total assets at the end of the year of $ 6000000. The following contains information on Laurier Inc.'s statement of income for the year: Sales Interest expense Income tax expense Net income $ 700000 $ 19000 $30000 $400000 Calculate Laurier Inc.'s return on assets (ROA) for the year. Express your answer as a percentage rounded to two digits (i.e. 3.84). Your Answer: 0.10475 Answer