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On December 31, Harper Inc., reported, on its year-end financial statements, the following (in millions): Year 2 Year 1 Total assets $10,879 $10,970 Total sales$

On December 31, Harper Inc., reported, on its year-end financial statements, the following (in millions):

Year 2 Year 1

Total assets $10,879 $10,970

Total sales$ 6,596 $6,595

Net income $692 $827

Calculate return on assets (ROA) for Year 2.

Select one:

a.6.3%

b.60.6%

c.60.4%

d.6.4%

e.None of the these are correct.

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