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Multiple Choice Question 190 The following information is provided for Sunland Company and Culver Corporation: (in $ millions) Sunland Company Culver Corporation Net income 2017
Multiple Choice Question 190
The following information is provided for Sunland Company and Culver Corporation:
(in $ millions) Sunland Company Culver Corporation
Net income 2017 $155 $430
Net sales 2017 1255 4510
Total assets 12/31/15 1005 2070
Total assets 12/31/16 1250 3070
Total assets 12/31/17 1155 4000
What is Culver's return on assets (rounded) for 2017?
10.8%
12.3%
14.0%
12.2%
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