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The followings were extracted from a financial report for the fiscal year of 2025 (in millions of dollars): 2025 Operating assets 165 Operating liabilities 78

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The followings were extracted from a financial report for the fiscal year of 2025 (in millions of dollars): 2025 Operating assets 165 Operating liabilities 78 Financial assets 40 # Financial obligations 60 Interest income 3.6 5.8 Interest expense Comprehensive income 12 Net operating assets (NOA) grew by 5% during 2025. What was the return on net operating assets (RNOA) for 2025? Use beginning of year balance sheet numbers in denominators (5 POINTS). O 1.17.14% O 2.18.14% O 3.16.14% 4.19.14%

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