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Sunland Company gives you the following information pertaining to the year 2020. Net sales $853000Cost of goods sold 510000Current assets 493000Current liabilities 259000Average total assets

Sunland Company gives you the following information pertaining to the year 2020.

Net sales

$853000Cost of goods sold

510000Current assets

493000Current liabilities

259000Average total assets

1010000Total liabilities

550000Net income

141400

The rate of return on assets Sunland Company is:

84.46%.

28.81%.

14.00%.

16.58%.

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