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What is monty return on assets

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Reference no: EM131629730

Question - The following information is provided for Sandhill Co. and Monty Corp.:

(in $ millions) Sandhill Co. Monty Corp.

Net income 2017   $135   $370

Net sales 2017 1295 4620

Total assets 12/31/15 1005 2390

Total assets 12/31/16 1065 3090

Total assets 12/31/17 1150 4100

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

10.3%

9.0%

12.0%

12.6%

Reference no: EM131629730

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