Question 22 2 points Save Answer Wang Corporation had the following data for the month of October: profit of $2862821; invested capital of $44742656, cost of purchase of a new equipment in the current year is $755155, and an increase in divisional profits of $54017 due to the purchase of the new equipment. Compute the return on investment (ROI) of the new equipment in the first year. (Present the final answer as a percentage, to 2-decimal places.)