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What is flounder return on assets

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Reference no: EM131623731

Question - The following information is provided for Pharoah Company and Flounder Corp.:

(in $ millions) Pharoah Company Flounder Corp.

Net income 2017   $120   $410

Net sales 2017 1325 4560

Total assets 12/31/15 1040 2310

Total assets 12/31/16 1125 3160

Total assets 12/31/17 1190 4000

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

Reference no: EM131623731

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