Meg Division of Jess Company has the following data related to a particular period Average invested capital $ 678,532 Imputed interest rate 11 4 Revenues $ 1,892,385 Variable costs $ 1,031,587 Fixed costs related solely to the division $ 669,611 Calculate Meg division's return on sales for the period (Present the final answer as a percentage , to 2 decimal places )

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Meg Division of Jess Company has the following data related to a particular period: Average invested capital $ 678,532 Imputed interest rate 11.4 % Revenues

Meg Division of Jess Company has the following data related to a particular period:

Average invested capital	$	678,532
Imputed interest rate		11.4	%
Revenues	$	1,892,385
Variable costs	$	1,031,587
Fixed costs related solely to the division	$	669,611

Calculate Meg division's return on sales for the period. (Present the final answer as a percentage, to 2 decimal places.)

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