Nuthatch Corporation commenced operations on September 1 of the current year. Budgeted sales for the first three months of business are $260,000, $350,000, and $400,000, respectively, for September, October, and November. The company expects to sell 30% of its merchandise for cash. From sales on account, 80% is expected to be collected in the month of the sale and 20% in the month following the sale.

Cash collections in November from accounts receivable are:

 Division A of the Mocha Company has sales of $155,000, cost of sales of $83,000, operating expenses of $43,000, and invested assets of $150,000.

 What is the rate of return on investment for Division A?