Mycrux Company had the following information:

Asset base in Mycrux Company	$987,500
Net income in Mycrux Company	$105,700
Weighted average cost of capital	12%
Target return on investment (ROI)	15%
Margin for Mycrux Company	20%

What is the return on investment of Mycrux Company? (Round the answer to two decimal places.)

a.9.34%

b.15.00%

c.10.70%

d.20.00%