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Blaser Corporation had $1,085,000 in invested assets, sales of $1,280,000, income from operations amounting to $204,000 and a desired minimum rate of return of 12%.

Blaser Corporation had $1,085,000 in invested assets, sales of $1,280,000, income from operations amounting to $204,000 and a desired minimum rate of return of 12%. The rate of return on investment for Blaser Corporation is

Round the percentage to one decimal place.

a.12.8%

b.15.9%

c.18.8%

d.22.6%

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