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Assume a company reported the following results: Sales $ 300,000 Net operating income ? Average operating assets $ 187,500 Margin ? Turnover ? Return on

Assume a company reported the following results:

Sales $ 300,000
Net operating income ?
Average operating assets $ 187,500
Margin ?
Turnover ?
Return on investment (ROI) 70 %

The margin is closest to:

Multiple Choice

  • 70%.

  • 44%.

  • 63%.

  • 23%

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