Cheyenne Industries has manufactured prefabricated houses for over 20 years. The houses are constructed in sections to be assembled on customers' lots. Cheyenne expanded into the precut housing market when it acquired Jensen Compamy, one of its suppliers. In this market, various types of lumber are precut into the appropriate lengths, banded into packages, and shipped to customers" lots for assembly. Cheyenne designated the Jensen Division as an imestment center. Cheyenne uses return on inwestment (ROD) as a performance measure with imvestment defined as average operating assets. Management bonuses are based in part on ROI. All investments are expected to earn a minimum rate of return of 17.1% Jensen's ROI has ranged from 19.9% to 23.7% since it was acquired, Jensen had an investment opportunity in 2022 that had an estimated RoI of 18.8% Jensen management decided against the investment because it believed the inwestment would decrease the divislon's overall ROL Selected financial information for Jensen is presented here. The division's average operating assets were $12,685,000 for the year 2022. Question 5 of 5 0/10 Calculate the following performance measures for 2022 for the Jensen Division. (Round ROI to 1 decimal place, eg. 1.5\%)