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Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $18,270,000 Net operating income $1,077,930 Average operating
Aguilera Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $18,270,000 Net operating income $1,077,930 Average operating assets $4,440,000 The division's return on investment (ROI) is closest to: (Round your answer to 2 decimal places.)
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