The Box Manufacturing Division of the Allied Paper Company reported the following results from the past year. Shareholders require a return of 9%. Management calculated a weighted-average cost of capital (WACC) of 7%. Allied's corporate tax rate is 30%. 
What is the division's Return on Investment (ROI) ?
Definitions:
Termination Notice
A written notification indicating the end of an agreement or contract, typically specifying the date and terms of termination.
Bankruptcy
A legal proceeding involving a person or business that is unable to repay outstanding debts, wherein the debtor's assets are measured and used to repay a portion of the outstanding debts to creditors.
Agency Relationship
A legal relationship in which one party, the agent, acts on behalf of another party, the principal, in conducting transactions with third parties.
Actual Authority
The express power granted by a principal to an agent to perform tasks or make decisions on their behalf.
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