Terra Company has two divisions, the Retail Division and the Wholesale Division. The following information was gathered for the two divisions for the current year:

	Retail Division				Wholesale Division
Operating income	$	7,600,000			$	4,100,000
Operating assets	$	37,600,000			$	17,600,000

Assuming that these are the only divisions of Terra Company, what is the ROI for the company as a whole?

Multiple Choice

• 20.21%

• 21.20%

• 23.30%

• 43.51%