Question: Ouyang Inc. has reported the following hypothetical data: Selected data of Ouyang Inc. 2014 2013 Sales $43,373 $28,302 Total assets 43,706 43,392 Accumulated depreciation 10,438

Ouyang Inc. has reported the following hypothetical data:

Selected data of Ouyang Inc.

2014

2013

Sales $43,373 $28,302
Total assets 43,706 43,392
Accumulated depreciation 10,438 9,203
Depreciation expense 1,703 892
Retained earnings 11,686 10,293
Net income 5,186 4,253
Property, plant & equipment, net 13,104 12,938
Accounts receivable 3,038 2,982
Selling, general & administrative expense 13,009 12,726
Total liabilities 27,520 27,109
Stockholders' equity 16,186 16,283

What is the ROA of 2014 (keep two decimal places)?

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