QUESTION 2 Parkinson Ladders Company provides the following financial Information: Income from operations $300,000 Interest expense 48,000 Gains/(losses) on sale of equipment 2.600 Net Income 249,400 Total assets at Jan. 1 2,900,000 Total assets at Dec.31 3,500,000 Calculate return on investment based on the information given above. (Round your answer to two decimal places.) O 10.34% 9.38% 7.79% 8.57%