Dacker Products is a division of a major corporation. The following data are for the most recent year of operations: Sales$36,480,000 Net operating income$2,808,960 Average operating assets$8,000,000 The company's minimum required rate of return 16%The division's return on investment (ROI) is closest to:
A. 2.7%
B. 6.3%
C. 160.1%
D. 35.1%
Answer: D
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