The following information is provided for Cullumber Company and Pharoah Corporation. in $ millions) Cullumber...
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The following information is provided for Cullumber Company and Pharoah Corporation. in $ millions) Cullumber Company Pharoah Corporation Net income 2022 $135 $415 1715 4540 Net sales 2022 Total assets 12/31/20 1050 2200 1215 3160 Total assets 12/31/21 1080 4050 Total assets 12/31/22 What is Cullumber's return on assets for 2022? (Round answer to 1 decimal place, e.g. 15.2.) O 11.1% O 11.8% O 118.0% 12.5%
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