The following information is provided for Sheridan Company and Grouper Corp.:
|
(in $ millions)
|
Sheridan Company
|
Grouper Corp.
|
|
Net income 2017
|
$120
|
$445
|
|
Net sales 2017
|
1390
|
4510
|
|
Total assets 12/31/15
|
1050
|
2120
|
|
Total assets 12/31/16
|
1070
|
3140
|
|
Total assets 12/31/17
|
1195
|
4090
|
What is Grouper's return on assets (rounded) for 2017?
10.9%
11.1%
14.2%
12.3%