Holo Company reported the following financial numbers for one of its divisions for the year; average total assets of $6,200,000; sales of $6,575,000; cost of goods sold of $3,625,000; and operating expenses of $1,307,000. Compute the division's return on investment:

rev: 12_09_2017_QC_CS-112007

Multiple Choice

• 24.99%.

• 19.9%

• 26.5%.

• 19.6%.

• 23.9%.