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Results from Kawaii Company are as follows: Operating Income $8275 Total Assets $15447 Current Liabilities $3561 Sales $34628 Target Rate of Return (Cost of Capital)

Results from Kawaii Company are as follows:

Operating Income

$8275

Total Assets

$15447

Current Liabilities

$3561

Sales

$34628

Target Rate of Return (Cost of Capital)

16%

Calculate Return on Investment. If your answer is a percentage, input it to one decimal place. For example .1222 should be input as 12.2. Otherwise round your answer to one decimal place. Explain step by step

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