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Bankington Company had sales last year of $250,000, a turnover of 4.0, and a return on investment of 40%. The company's net operating income for
Bankington Company had sales last year of $250,000, a turnover of 4.0, and a return on investment of 40%. The company's net operating income for the year was:
A. | $100,000 | |
B. | $50,000 | |
C. | $25,000 | |
D. | $62,500 |
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