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20. ABC Corp. has the following information: Sales: $10,500,000, Fixed expenses: $2,134,400 Contribution margio ratio of 60% of sales. New investment opportunity of $2,200,000 The
20. ABC Corp. has the following information: Sales: $10,500,000, Fixed expenses: $2,134,400 Contribution margio ratio of 60% of sales. New investment opportunity of $2,200,000 The ROI for this year's investment opportunity considered alone is closest to: a) 16.3% b) 8.9% c) 2.3% d) 1.89%
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