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Bailey Company had average operating assets of $1,000,000 and sales of $500,000 in 2017. If the controllable margin was $400,000, the ROI was: a. 20%
Bailey Company had average operating assets of $1,000,000 and sales of $500,000 in 2017. If the controllable margin was $400,000, the ROI was:
| a. | 20% | |
| b. | 35% | |
| c. | 40% | |
| d. | 50% |
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Financial Accounting An International Perspective
Authors: Arne Kinserdal
2nd Edition
0273631543, 978-0273631545
