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Wichita, Inc. reported the following amounts in its financial statements prepared as of the end of the current accounting period: Income ps 200,000 Bills 180.000

Wichita, Inc. reported the following amounts in its financial statements prepared as of the end of the current accounting period:

Incomeps200,000
Bills180.000
Net Incomeps20,000
Current assetsps50,000
long term assets150.000
total assetsps200,000
current liabilitiesps20,000
Long term passives80.000
Full responsibility100,000
Common actionsps40.000
Retained earnings60.000
full equity100,000
Total liabilities and equityps200,000

What is the company's rate of return on assets?

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