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Campbell Candy Corporation Desires a 13% Return on Investment (ROI)  Sales $16,000 Operating income$4,200 Turnover 0.5\begin{array}{llr} \text { Sales } &\$16,000\\ \text { Operating income} &\$4,200\\ \text { Turnover } &0.5\end{array}

Question 106

Multiple Choice

Campbell Candy Corporation desires a 13% return on investment (ROI) on all operations. The following information was available for the company for the current year:  Sales $16,000 Operating income$4,200 Turnover 0.5\begin{array}{llr} \text { Sales } &\$16,000\\ \text { Operating income} &\$4,200\\ \text { Turnover } &0.5\end{array}
What is the corporation's ROI? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)


A) 13.13%
B) 20.25%
C) 26.25%
D) Impossible to determine from the information given.

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