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ABC Company has a contribution margin of 4 0 % . Sales are $ 3 1 2 , 5 0 0 , net operating income

ABC Company has a contribution margin of 40%. Sales are $312,500, net operating income is $25,000, and average operating assets are $200,000. What is the company's return on investment (ROI)?
Additional Help: ROI = Net operating income -: Average operating assets
Group of answer choices
12.5%
62.5%
64.0%
8.0%

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