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alculations and final answers to 2 decimal places.) Multiple Choice 10.72% 5.92% 9.77% 8.93% Leo Corp. has sales revenue of $503,000 resulting in operating income

image text in transcribed alculations and final answers to 2 decimal places.) Multiple Choice 10.72% 5.92% 9.77% 8.93%

Leo Corp. has sales revenue of $503,000 resulting in operating income of $54,000 Average invested assets total $605,000, and the cost of capital is 6%. Calculate the return on investment if sales increase by 10% and the profit margin and invested assets remain the same. (Round your intermediate calculations and final answers to 2 decimal places.) Multiple Choice O O O O 1072% 977% 8.93%

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