The following information (in $ millions) comes from the Annual Report of Saratoga Springs Co. for the year ending 12/31/2021: Year ended 12/31/2021 Net sales $8,089 Cost of goods sold 4,907 Selling and administrative expense 2,049 Interest expense 556 Income before taxes 577 Net income 598 Cash and cash equivalents Receivables, net Inventories Land, buildings and equipment at cost, net Total assets 12/31/2021 $ 1,115 1,150 1,195 13,640 $17,100 12/31/2020 $ 78 804 659 3,984 $5,525 Total current liabilities Long-term debt Total liabilities Total stockholders' equity $ 5,887 5,731 $11,618 $ 5,482 $2,349 2,361 $4,710 $ 815 Required: Compute the return on assets for 2021. (Round your answer to 1 decimal place, e.g., 0.1234 as 12.3%.) Return on assets