The Electronics Division of Anton Company Reports the Following Results

Multiple Choice

The Electronics Division of Anton Company reports the following results for the current year: $\begin{array}{ll}\text { Revenues } & \$ 481,000 \\\text { Operating expenses } & \$ 432,000 \\\text { Operating income } & \$ 49,000 \\\text { Operating assets } & \$ 590,000\end{array}$ Anton Company has set a target return on investment (ROI) of 10% for the Electronics Division. The Electronic Division's return on investment is:

A) 11.34%.
B) 8.31%.
C) 10.19%.
D) 10.00%.