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18 ABC Industries reported the following items for 2020: Income tax expense $ 60,000 Contribution margin 200,000 Controllable fixed costs 80,000 Interest expense 40,000
18 ABC Industries reported the following items for 2020: Income tax expense $ 60,000 Contribution margin 200,000 Controllable fixed costs 80,000 Interest expense 40,000 Total operating assets 650,000 What is the ROI for the year? (2 Points) 0.15 0.25 0.31 0.18
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