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Cabal Products is a-division of a major corporation. Last year the division had total sales of $11,986,000, net operating income of $614,052, and average operating

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Cabal Products is a-division of a major corporation. Last year the division had total sales of $11,986,000, net operating income of $614,052, and average operating assets of $4,610,000. The company's minimum required rate of return is 13%. The division's return on investment (ROI) is closest to: (Do not round intermediate calculations.) Multiple Choice O 2.9% 13.3% O 35.4% 3.7%

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