Ringo Corporation had the following results last year (in thousands). Management's target rate of return is 10% and the weighted average cost of capital is 5%.Its effective tax rate is 35%.

Sales	$15,000,000
Operating income	4,400,000
Total assets	8,000,000
Current liabilities	5,420,000

What is the division's Return on Investment (ROI)?

A.

29.33%

B.

55%

C.

81.18%

D.

181.82%