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ABC company has sales of $1,000,000, gross margin of $550,000, net operating income of $150,000, average operating assets of $1,500,000 and current liabilities of $100,000.
ABC company has sales of $1,000,000, gross margin of $550,000, net operating income of $150,000, average operating assets of $1,500,000 and current liabilities of $100,000. What is ABC's ROI?
15%
10%
55%
45%
10.71%
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