K Division has reported a profit of 57,000 on sales of 287,000. Its net assets amounted to 389,000 and its cost of capital is 14%. The division's target ROI is 20%.

K division's return on investment (ROI) is:

Select one:

A.

14.00%

B.

14.65%

C.

20.00%

D.

19.86%