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Blaser Corporation had $ 1 , 0 5 4 , 0 0 0 in invested assets, sales of $ 1 , 2 5 2 ,

Blaser Corporation had $1,054,000 in invested assets, sales of $1,252,000, operating income amounting to $240,000, and a desired minimum return on investment of 12%. The return on investment (rounded to one decimal place) for Blaser Corporation is
a.22.8%
b.27.3%
c.19.2%
d.15.3%
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