The following information is provided for Sheridan Company and Concord Corporation:

The following information is provided for Sheridan Company and Concord Corporation:

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https://zh.scribd.com/document/340327850/Uop-Tutorial

 The following information is provided for Sheridan Company and Concord Corporation:

(in $ millions)
Sheridan Company
Concord Corporation
Net income 2017
  $170
  $390
Net sales 2017
1625
4550
Total assets 12/31/15
1005
2280
Total assets 12/31/16
1160
3080
Total assets 12/31/17
1160
4000

What is Concord's return on assets (rounded) for 2017?

 




11.0%
 


9.8%
 


14.6%
 


12.7%
 
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