Shown below is the liabilities and stockholders equity section of the balance sheet for Monty Company and Flounder Company. Each has assets totaling $4,412,000.

Monty Co.				FlounderCo.
Current liabilities		$330,000		Current liabilities		$1,030,000
Long-term debt, 9%		1,190,000		Common stock ($20 par)		2,660,000
Common stock ($20 par)		2,170,000		Retained earnings (Cash dividends, $316,000)		722,000
Retained earnings (Cash dividends, $229,000)		722,000
		$4,412,000				$4,412,000

For the year, each company has earned the same income before interest and taxes.

		Monty Co.		Flounder Co.
Income before interest and taxes		$1,180,000		$1,180,000
Interest expense		107,100		0
		1,072,900		1,180,000
Income taxes (20%)		214,580		236,000
Net income		$858,320		$944,000

At year-end, the market price of Montys stock was $101 per share, and Flounders was $63.50. Assume balance sheet amounts are representative for the entire year. (a) Calculate the return on total assets? (Round answers to 2 decimal places, e.g. 16.85%.)

		Return on total assets
Monty Company			%
Flounder Company