As the staff accountant for Investment Center 916, calculate the October 2014 ROI, using the following information:

Question:

As the staff accountant for Investment Center 916, calculate the October 2014 ROI, using the following information:
October 2014 profit margin 25%
October 2014 sales $1,980,000
Assets at September 30, 2014 1,500,500
Assets at October 31, 2014 1,650,000
Round your answers to two decimal places.