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Assume a company reported the following results: 25 Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) $300,000 2 $240,000 2

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Assume a company reported the following results: 25 Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) $300,000 2 $240,000 2 ? 50% The margin is closest to: Multiple Choice 50%. O O 40%. 45%. Assume a company reported the following Information: 9 01:58-19 Sales $900,000 Minimum required rate of return on average operating 8.5% assets Turnover 1.5 Return on investment (ROI) 128 The residual income is closest to: Multiple Choice O $25,000 0 $4,500 O $19,000 Assume a company had sales of $1,500,000, residual income of $124,000, a minimum required rate of return on average operating assets of 17% and average operating assets of $1,000,000. What is the company's net operating income? Multiple Choice $294,000 $46,000 $379,000 0 $131,000 10 of 2013

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