Tennill Inc The ROI for This Year's Investment Opportunity Considered Alone Is

Multiple Choice

Tennill Inc. has a $1,400,000 investment opportunity with the following characteristics: $\begin{array}{lc}\text { Sales } & \$ 4,480,000 \\\text { Contribution margin ratio } & 40 \% \text { of sales } \\\text { Fixed expenses } & \$ 1,657,600\end{array}$ The ROI for this year's investment opportunity considered alone is closest to:

A) 8.1%
B) 128.0%
C) 3.0%
D) 9.6%