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#20) G Company has a number of investment centers to evaluate. If its Investment Center #1 had sales of $1,500,000 and operating income of $600,000

#20) G Company has a number of investment centers to evaluate. If its Investment Center #1 had sales of $1,500,000 and operating income of $600,000 and turnover (also known as asset turnover) of 0.48 then how much was its Return on Investment (ROI) rounded to the nearest percent?

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19 percent

17 percent

20 percent

40 percent

48 percent

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