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Assume a company reported the following results: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 400,000 260,000 140,000 40,000

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Assume a company reported the following results: Sales Variable expenses Contribution margin Fixed expenses Net operating income Average operating assets $ 400,000 260,000 140,000 40,000 $ 100,000 $ 450,000 The return on investment (ROI) is closest to: Multiple Choice 88.9% O O 23.5%. O 35.0%. O 22.2%

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