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Assume a company reported the following results: Sales Net operating income $ 300,000 ? Average operating assets $ 240,000 Margin 40% Turnover Return on

Assume a company reported the following results: Sales Net operating income $ 300,000 ? Average operating assets $ 240,000 Margin 40% Turnover Return on investment (ROI) What is the return on investment? ? ? Multiple Choice 50% 40% 45%

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