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The Wombat Division of Ocelot Induction Systems reported the following financial data for the year 20x2: Sales - $3,030,000 Net operating income - $417,500 Average

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The Wombat Division of Ocelot Induction Systems reported the following financial data for the year 20x2: Sales - $3,030,000 Net operating income - $417,500 Average operating assets - $1,950,000 Minimum rate of return - 8% What is the return on investment for Wombat? Enter your answer as a number with two decimal places. For example, 35% becomes 0.35

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