Business Corporation has the following account balances:…

Business Corporation has the following account balances: Net Income (for the year ended 12/31/2024) $210,000 Cost of Goods Sold (for the year ended 12/31/2024 $140,000 Total Assets, 1/1/2024 750,000 Total Assets 12/31/2024 1,200,000 Total Liabilities 1/1/2024 400,000 Total Liabilities 12/31/2024 600,000 What was Business Corporation’s Return on Assets for the year ended December 31, 2024?  Round your answer to two decimal points!!