Zucker Global Products, Inc. had net sales of $299,999; net income of $20,600; total assets of $795,180; and total liabilities of $602,100. Compute the rate of return on investment. Express your answer as a percentage. (Round answer to two decimal places.)

Return on Investment

A measure used to evaluate the efficiency or profitability of an investment, calculated as net profit divided by initial cost.

Total Liabilities

The sum of all financial obligations and debts owed by a company at a given time.

Total Assets

The sum of all assets owned by an entity, including cash, investments, inventory, and property.