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A co. reported the following: Sales $90,000; operating expenses $70,000; and average assets $100,000. The required minimum return is 15%. What is the return on

A co. reported the following: Sales $90,000; operating expenses $70,000; and average assets $100,000. The required minimum return is 15%. What is the return on investment (ROI)? 9% 7% 15% 20%

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