Question: Please answer with detailed calculations , good formatting and explanations else a downvote will be given. Submit the solution only if the answer is 100%
Please answer with detailed calculations , good formatting and explanations else a downvote will be given. Submit the solution only if the answer is 100% correct else skip for other tutor. otherwise wrong answer will be reported for unprofessionalism.

Exercise 97A (Algo) Return on investment LO 92 An investment center of Rundle Corporation shows an operating income of $7,424 on total operating assets of $58900. Required Compute the return on investment. {Round your answer to 2 decimal places. (i.e.. 0.2345 should be entered as 23.45).) _I
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