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Alay Company provided the following data for its two most recent years of operation Sales Net operating Income Average operating assets Stockholders' equity Residual income

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Alay Company provided the following data for its two most recent years of operation Sales Net operating Income Average operating assets Stockholders' equity Residual income ROI 20X1 $750,000 $45.000 $250.000 $75,000 $15.000 189 20x2 $900.000 $77,000 $350,000 $90,000 $40,000 22% Which one of the following is correct with respect to the 4% increase in ROI from 20x1 to 20x27 Multiple Choice There was a decrease in margin and a decrease in turnover O There was a decrease in margin but a larger increase in turnover. o O There was an increase in margin and an increase in turnover

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