22. Holo Company reported the following financial numbers for one of its divisions for the year; average total assets of $6,150,000; sales of $6,425,000; cost of goods sold of $3,575,000; and operating expenses of $1,287,000. Compute the division's return on investment:

24.3%.

20.0%

25.4%.

18.5%.

22.8%.

27.

Walters manufactures a specialty food product that can currently be sold for $23.00 per unit and has 21,000 units on hand. Alternatively, it can be further processed at a cost of $13,000 and converted into 13,000 units of Deluxe and 7,000 units of Super. The selling price of Deluxe and Super are $31.00 and $21.00, respectively. The incremental net income of processing further would be:

$67,000.

$54,000.

$19,000.

$45,000.

$13,000.