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The following data pertains to Frost Company for the year ended December 3 1 , 2 0 2 2 . Net Sales $ 6 5

The following data pertains to Frost Company for the year ended December 31,2022.
Net Sales $65,000
Net Income $9,750
Total Assets (January 1,2022) $273,000
Total Assets (December 31,2022) $256,000
Calculate Frost Company's return on assets for 2022.
Do not enter dollar signs or commas in the input boxes.
Round your answer to 2 decimal places.
Return on Assets = Answer
%

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