The financial results for the Beckley Division of Bunnell Enterprises are summarised below. Divisional managers are held accountable for the financial performance of their division.

Bunnell Enterprises defines Controllable return on investment (CROI) as the controllable income from operations as a percentage of total assets. They also define the controllable residual income (CRI) as the controllable income from operations less a capital charge. The capital charge is 8% of the total assets.

30% of the marketing and sales expenses are deemed not controllable by the divisional manager. All other revenue and expenses are deemed controllable.

*30% of the marketing and sales expenses are deemed not controllable by the divisional manager.

Estimate the Controllable Return-on-Investment for the Beckley Division for 2022.

Express your answer to three significant digits.