Trainor Logistics Provides the Following Information What Is the Company's Return on Investment? (Round Your Answer

Multiple Choice

Trainor Logistics provides the following information: $$\begin{array} { | l | r | } \hline \text { Operating income } & \$ 1,600,000 \\\hline \text { Net sales } & \$ 13,500,000 \\\hline \text { Average total assets } & \$ 2,000,000 \\\hline \text { Management's target rate of return } & 30 \% \\\hline\end{array}$$ What is the company's return on investment? (Round your answer to two decimal places.)

A) 11.85%
B) 14.81%
C) 80.00%
D) 30.00%