Determine the October 20xx ROI (rounded to two decimal places) for an investment center with the following information: Assets at September 30, 20xx $20,000,000 Assets at October 31, 20xx 22,000,000 Assets at October 15, 20xx 18,595,000 Operating income for the month ended October 31, 20xx 5,000,000.0 Operating income for the month ended October 31, 20xx 5,000,000.0
a. 25.8 percent
b. 21.8 percent
c. 23.8 percent
d. 27.8 percent
C
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