Campbell Candy Corporation desires a 14% return on investment (ROI) on all operations. The following information was available for the company for the current year: Sales$32,000? Operating income$5800? Turnover 0.5? What is the corporation's ROI? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
A. 9.06%
B. 18.13%
C. 14.65%
D. Impossible to determine from the information given.
Answer: A
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