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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