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Cabell Products is a division of a major corporation. Last year the division had total sales of $ 2 8 , 7 7 0 ,

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Cabell Products is a division of a major corporation. Last year the division had total sales of $28,770,000, net operating income of $1,611,120, and average operating assets of $5,754,000. The company's minimum
required rate of return is 10%.
The division's return on investment (ROI) is closest to:
Multiple Choice
5.6%
28.0%
56.0%
20.0%
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