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14 pts Shari's Tennis Club had net sales of $186,400 and the cost of goods sold were $88,760. Operating expenses were $35,100 and owner's equity
14 pts Shari's Tennis Club had net sales of $186,400 and the cost of goods sold were $88,760. Operating expenses were $35,100 and owner's equity is $553,400. Calculate the return on investment. (Round to the nearest tenth)
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Cost Accounting A Managerial Emphasis
Authors: Srikant M. Datar, Madhav V. Rajan, Charles T. Horngren, Louis Beaubien, Chris Graham
7th Canadian Edition
133138445, 978-0133926330, 133926338, 978-0133138443
