Wichita, Incorporated reported the following amounts on its financial statements prepared as of the end of the current accounting period:

Revenues$210,000 Expenses174,800 Net Income $ 35,200Current Assets$ 55,000 Long-term Assets165,000 Total Assets $220,000Current Liabilities$ 30,000 Long-term Liabilities85,000 Total Liabilities 115,000Common Stock$ 45,000 Retained Earnings60,000 Total Equity 105,000Total Liabilities and Equity $220,000

What is the companys return-on-assets ratio?