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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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