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The following information is provided for a certain company (in $ millions): Net income for the current year is $275 Net income in the prior

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The following information is provided for a certain company (in $ millions): Net income for the current year is $275 Net income in the prior year was $250 Net sales for the current year is $1,500 Net sales in the prior year were $1,400 Total assets as of the end of the current year is $1,150 Total assets as of the end of the prior year is $1,050 What is the company's return on assets for the current year? O 16% O 24% O 40% 73% 25%

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