Question: Please only attempt if you can solve the question with a proper explanation. Please do not copy from Chegg. The following information is provided for

Please only attempt if you can solve the question with a proper explanation. Please do not copy from Chegg.

The following information is provided for Sheridan Company and Grouper Corp.: Sheridan Company Grouper Corp. (in $ millions) 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

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