Laurier Inc. had total sets at the beginning of the year of $ 4000000 and total assets at the end of the year of 2000000 The following contains information on laurier Inc.'s statement of income for the year Sales $ 1000000 Interest expense $ 12000 Income tax expense $40000 Net income $200000 Calculate Laurier Inc.'s return on assets (ROA) for the year. Express your answer as a percentage rounded to two digits (i.c. 3.84) Vai AneAR