Given the following data:

Average operating assets	$2,976,000
Total liabilities	$342,240
Sales	$1,488,000
Contribution margin	$833,280
Net operating income	$148,800

Return on investment (ROI) would be:

10.0%

5.0%

56.0%

28.0%

Given the following data:

Return on investment	36%
Turnover	2.7
Margin	10%
Sales	$270,000
Average operating assets	$75,000
Minimum required rate of return	19%

The residual income would be:

$12,750

$0

$19,500

$24,300

Cabal Products is a division of a major corporation. Last year the division had total sales of $25,540,000, net operating income of $1,277,000, and average operating assets of $7,151,200. The company's minimum required rate of return is 16%.

The division's margin is closest to: (Round your answer to 1 decimal place.)

5.0%

17.9%

31.3%

28.0%