got these answers but they are wrong, please explain how to do it

Saved Help Save & Ext Check my 4. Problem 2-5 (Algo) 10 points Noble Bicycles of Glen Arbor, Michigan, is a small batch manufacturer of high-end bicycles. That is it typically builds bicycles in batches of one to three units. Quality is high, only to be expected when the typical bicycle frame costs $2,600 and up. Yet, profits have not kept pace with top management's expectations Management has set a goal of generating a minimum of 25 percent return on assets. As a result of a corporate SWOT analysis, management has identified one critical threat the costs at Noble are simply too high --and one important opportunity because of the flexibility of operations and the experience of the design team, many of whom are either professional or serious amateur bicyclists, Noble is well positioned to become an innovation leader. A top management team consisting of the marketing director, the finance director, the corporate vice president, the purchasing director, and the director of operations management has developed two alternative strategies: (1) focus on reducing costs through the application of lean systems and procedures, and (2) focus on product innovation. To assess the two approaches, the team has generated the following table. Use Eigure 23 Pi References City Sales Coat of gods sold Variable expenses Fixed expenses Inventory Accounts receivable Other current assets Current Lan Innovation val Proposal Proposal $16,500,000 $16,500,000 $19,800,000 $14,025,000 $12,142,000 $14,850,000 990,000 $ 990,000 91,000 990,000 $1,650,000 $1,237,500 1,980,000 $ 840,000 672,000 840.000 3 894,000 894,000 $ 983,400 055,000 55.000 55.000 a. What is Noble Bicycles' current ROA? (Round your answers to 2 decimal places.) Curront love 1167 ovation Pro ROA 06.20