3don't attempt if you aren't confident in your ability. will thumbs down incorrect answers.

The Street Division of Labrosse Logistics Just started operations. It purchased depreclable assets costing $44.0 milion and having a four-year expected life, after which the assets can be salvaged for $8.8 million. In addition, the division has $44.0 million in assets that are not depreclable. After four years, the division will have $44.0 million avallable from these non depreciable assets. This means that the division has invested $88 million in assets with a salvage value of $52.8 million. Annual operating cash flows are $13.6 million. In computing ROI, this division uses beginning-of-year asset values in the denominator. Depreciation is computed on a straight-line basis, recognizing the salvage values noted. Ignore taxes. Requlred: a. \& b. Compute ROI, using net book value and gross book value Note: Enter your answers as a percentage rounded to 2 decimal place (I.e., 32.10)