A company has average operating assets of $400,000 throughout the year. It has the following summarized income statement for the year ended December 31, 2019: Revenues Cost of goods sold Administrative expenses Income before interest and taxes Interest expense Gross profit Net income Income before taxes Income tax expense $900,800 600,000 300,800 150,200 150,600 62,000 88,600 36,000 $52,600 What is the ROI for this company? (round your answer to 2 decimal places as a percentage.)