Question
A company reported the following results: Average operating assets $45,000; Sales $180,000; Contribution margin $21,600; Net operating income $9,000; The companys ROI would be:48% 12%
A company reported the following results: Average operating assets $45,000; Sales $180,000; Contribution margin $21,600; Net operating income $9,000; The companys ROI would be:48% 12% 20% 30%
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Financial Accounting
Authors: Robert Libby, Patricia Libby, Frank Hodge
11th Edition
1264229739, 9781264229734
