Condren Inc At the Beginning of This Year, the Company Has a \begin{array}{lr}
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Multiple Choice

Condren Inc. reported the following results from last year's operations: $\begin{array}{lr}\text { Sales } & \$ 12,000,000 \\\text { Variable expenses } & 7,680,000 \\\text { Contribution margin } & 4,320,000 \\\text { Fixed expenses } & 3,720,000 \\\text { Net operating income } & \$ 600,000 \\\text { Average operating assets } & \$ 6,000,000 \\\end{array}$ At the beginning of this year, the company has a $1,000,000 investment opportunity with the following characteristics:
$\begin{array}{lc}\text { Sales } & \$ 1,100,000 \\\text { Contribution margin ratio } & 40 \% \text { of sales } \\\text { Fixed expenses } & \$ 363,000\end{array}$ If the company pursues the investment opportunity and otherwise performs the same as last year, the combined ROI for the entire company will be closest to:

A) 1.1%
B) 8.6%
C) 9.7%
D) 11.3%