View Policies Current Attempt in Progress In recording the acquisition cost of an entire business assets are recorded at the seller's book values. O goodwill, if it exists, is never recorded. O goodwill is recorded as the excess of cost over the fair value of identifiable net assets. goodwill is recorded as the excess of cost over the book value of identifiable net assets. Save for Later MacBook Air Question View Policies Current Attempt in Progress The following information is provided for Blossom Company and Pina Corporation (in 5 millions) Blossom Company Pina Corporation Net income 2022 $135 $435 Net sales 2022 1740 4630 Total assets 12/31/20 1025 2000 Total assets 12/31/21 1095 3130 Total assets 12/31/22 1200 4030 What is Pina's return on assets for 2022? (Round answer to 1 decimal place, c. 15.2) 12.2% 12.2% 10.8% 13.9% Save for Later MacBook Air