The company has sales of

$10,000,000

, total assets of

$2,400,000

, stockholders' equity of

$2,000,000

, and net income of

$500,000

. The company's ret on assets is (give the answer in percent with % sign and round the answer to two decimal places).

The company has sales of $10,000,000, total assets of $2,400,000, stockholders' equity of $2,000,000, and net income of $500,000. The company's re on assets is (give the answer in percent with % sign and round the answer to two decimal places)