The Electronics Division of Apex Company reports the following results for 2014: Revenues $580,000 Operating expenses $520,000

Question:

The Electronics Division of Apex Company reports the following results for 2014: Revenues $580,000 Operating expenses $520,000 Operating income $ 60,000 Operating assets $700,000 Apex Company has set a target return on investment (ROI) of 12% for the Electronics Division. The Electronic Division's return on investment is:
Answer choices:
11.54%.
8.57%.
12.00%.
10.34%.