The following information is provided for sandhill co and


Question - The following information is provided for Sandhill Co. and Indigo Corporation:

(in $ millions)

Sandhill Co.

Indigo Corporation

Net income 2017

  $125

  $375

Net sales 2017

1540

4500

Total assets 12/31/15

1045

2010

Total assets 12/31/16

1220

3150

Total assets 12/31/17

1175

4070

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

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Accounting Basics: The following information is provided for sandhill co and
Reference No:- TGS02525936

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