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Assume the Residential Division of Kopper Faucets had the following results last year: Net sales revenue $ 16,000,000 Operating income 2,400,000 Average total assets 5,000,000

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Assume the Residential Division of Kopper Faucets had the following results last year: Net sales revenue $ 16,000,000 Operating income 2,400,000 Average total assets 5,000,000 Management's target rate of return What is the division's ROI? O A. 48% OB. 320% OC. 208% OD. 15%

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