Dacker Products is a division of a major corporation. The following data are for the most recent year of operations:

Sales $ $36,480,000$

Net operating income $ $2,808,960$

Average operating assets $ $8,000,000$

The company's minimum required rate of return $16\%$

The division's turnover used to compute ROI is closest to:

Multiple Choice

$4\mathrm{.}56$

$12\mathrm{.}99$

$3\mathrm{.}37$

$0\mathrm{.}35$