The most recent balance sheet for Almond Airways Corporation showed $89,000,000 in assets, $48,000,000 of which was paid for with stockholders equity. The most recent income statement showed Earnings Before Interest and Taxes (EBIT, or Operating Income) of $13,250,000, and net income of 56,720,000. Income tax was paid at a 22% average rate. What was Return on invested Capital (ROIC) for the year? A. 17.502% B.5.8894 C.3.275 0.11.612% E. 7.5519