Question - The following information is provided for Sandhill Co. and Indigo Corporation:
(in $ millions)
|
Sandhill Co.
|
Indigo Corporation
|
Net income 2017
|
$125
|
$375
|
Net sales 2017
|
1540
|
4500
|
Total assets 12/31/15
|
1045
|
2010
|
Total assets 12/31/16
|
1220
|
3150
|
Total assets 12/31/17
|
1175
|
4070
|
What is Indigo's return on assets (rounded) for 2017?