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The following information is provided for Sheridan Company and Grouper Corp.: (in $ millions) Sheridan Company Grouper Corp. Net income 2017 $120 $445 Net sales
The following information is provided for Sheridan Company and Grouper Corp.:
(in $ millions) | Sheridan Company | Grouper Corp. |
Net income 2017 | $120 | $445 |
Net sales 2017 | 1390 | 4510 |
Total assets 12/31/15 | 1050 | 2120 |
Total assets 12/31/16 | 1070 | 3140 |
Total assets 12/31/17 | 1195 | 4090 |
What is Grouper's return on assets (rounded) for 2017?
10.9% |
11.1% |
14.2% |
12.3% |
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