Oslo Company's industrial photo-finishing division, Rho, incurred the following costs and expenses in the last period: Variable Fixed Direct materials $ 204,000 Direct labour 163,000 Factory overhead 77,000 $ 41,000 General, selling, and administrative 27,000 52,000 Totals $ 471,000 $ 93,000 During the period, Rho produced 300,000 units of industrial photo prints, which were sold for $2.07 each. Oslo's investment in Rho was $480,000 and $680,000 at the beginning and ending of the year, respectively. Oslo's weighted average cost of capital is 15%. Determine Rho's return on investment for the year. (Round answer to 2 decimal places, e.g. 25.25%.) ROI %