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 define 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.