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Holo Company reported the following financial numbers for one of its divisions for the year; average total assets of $7,000,000; sales of $8,975,000; cost of

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Holo Company reported the following financial numbers for one of its divisions for the year; average total assets of $7,000,000; sales of $8,975,000; cost of goods sold of $4,425,000; and operating expenses of $1,627,000. Compute the division's return on investment: 45.8%. 39.2% 41.8%. 34.9% 18.1%

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