XYZ Inc. has a $1,400,000 investment opportunity with the following characteristics:

Sales: $ 4,480,000

Contribution margin ratio: 40 % of sales

Fixed expenses: $ 1,657,600

The ROI for this year's investment opportunity considered alone is closest to:

A. 3.0%

B.9.6%

C. 6.9%

D. 28.0%

XYZ Inc. has a $1,400,000 investment opportunity with the following characteristics: Sales Contribution margin ratio Fixed expenses $ 4,480,000 40% of sales $ 1,657,600 The ROI for this year's investment opportunity considered alone is closest to: OA.3.0% OB.9.6% OC.6.9% OD 28.0%