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The following information is provided for Crane Company and Blue Spruce Corp.: (in $ millions) Crane Company Blue Spruce Corp.
Net income 2017 $120 $380 Net sales 2017 1575 4510
Total assets 12/31/15 1065 2290
Total assets 12/31/16 1095 3090
Total assets 12/31/17 1180 4010
What is Blue's return on assets (rounded) for 2017?
12.3%
10.9%
9.5%
10.7%
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