Problem - The following information is provided for Oriole Company and Sheffield Corp.:
(in $ millions) Oriole Company Sheffield Corp.
Net income 2017 $170 $415
Net sales 2017 1600 4780
Total assets 12/31/15 1040 2330
Total assets 12/31/16 1285 3050
Total assets 12/31/17 1165 4010
What is Sheffield's return on assets (rounded) for 2017?
11.8%
13.1%
10.3%
13.6%