The following information is from the 2017 annual report of Weber Corporation, a company that supplies manufactured parts to the household appliance industry. Average total assets $ 24,500,000 Average interest-bearing debt 10,000,000 Average other liabilities 2,250,000 Average shareholders' equity 12,250,000 Sales 49,000,000 Interest expense 800,000 Net income 2,450,000 Required: Compute Weber Corporations return on assets (ROA) for 2017 using a combined federal and state income tax rate of 40% where needed. Compute the profit margin and asset turnover components of ROA for 2017. Webers management believes that various business initiatives will produce an asset turnover rate of 2.25 next year. If the profit margin next year is unchanged from 2017, what will be the companys ROA?