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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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