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A company has the following information Operating income $600,000 Sales $900,000 Asset turnover 55% Assets invested $50,000 Compute ROI A. 55% B. 18% C. 12%

A company has the following information Operating income $600,000 Sales $900,000 Asset turnover 55% Assets invested $50,000

Compute ROI

  • A. 55%
  • B. 18%
  • C. 12%
  • D. 22%

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