Reference: 12-02
the Following Data Are Available for the South

Reference: 12-02
The following data are available for the South Division of Redride Products, Inc. and the single product it makes: $$\begin{array} { | l | l | } \hline \text { Unit selling price } & \$ 20 \\\hline \text { Variable cost per unit } & \$ 12 \\\hline \text { Annual fixed costs } & \$ 280,000 \\\hline \text { Average operating assets } & \$ 1,500,000 \\\hline\end{array}$$
-A company's return on investment is the:

A) margin multiplied by turnover.
B) turnover multiplied by average operating assets.
C) turnover divided by average operating assets.
D) margin divided by turnover.