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Avocado Company has an operating income of $150,930 on revenues of $1,043,000. Average invested assets are $559,000, and Avocado Company has an 9% cost of
Avocado Company has an operating income of $150,930 on revenues of $1,043,000. Average invested assets are $559,000, and Avocado Company has an 9% cost of capital. What is the return on investment? Multiple Choice 18% 14% 27% 9%
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