NEED THE ANSWER TO THIS QUESTION (NOT THE ABOVE QUESTION) -----> What is the division's PROFIT MARGIN?

		5%
		10%
		20%
		50%

Assume division 1 of the XYZ Company had the following results last year in thousands). Management's required rate of return is 8% and the weighted average cost of capital is 6%. Its effective tax rate is 30%. Sales Operating income Total assets Current liabilities $5,000,000 $1,000,000 $10,000,000 $500,000 What is the division's return on investment? 5% 10% 20% 50%