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Avocado Company has an operating income of $126,000 on revenues of $1,024,000. Average invested assets are $504,000, and Avocado Campany has an 9% cost of

Avocado Company has an operating income of $126,000 on revenues of $1,024,000. Average invested assets are $504,000, and Avocado Campany has an 9% cost of capital. What is the return on investment? Multiple Choice 16% 9% 12% 25%

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