Retail Sales and Wholesale Sales are the only divisions of Terra Company. The following information was gathered for the two divisions for the current year:

	Retail Division				Wholesale Division
Operating income	$	2,500,000			$	6,000,000
Operating assets	$	16,000,000			$	36,000,000

The company has $1,200,000 in operating assets that are not assigned to either of the divisions and $500,000 in corporate expenses that are not reflected in the information above. Based on this information, what is the ROI for the company as a whole?

Multiple Choice

• 17.7%

• 16.9%

• 15.0%

• The answer cannot be determined using the information provided.