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Aide Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $17,910,000 Net operating income $1,199,970 Average operating

Aide Industries is a division of a major corporation. Data concerning the most recent year appears below:

Sales	$17,910,000
Net operating income	$1,199,970
Average operating assets	$4,250,000

The division's return on investment (ROI) is closest to: (Round your answer to 2 decimal places.)

6.70%

28.23%

24.38%

3.70%

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