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Calculate the return on investment (ROI) for Company EEE, which had a net income of $600,000 and invested $3,000,000 in assets. Explain the return on

Calculate the return on investment (ROI) for Company EEE, which had a net income of $600,000 and invested $3,000,000 in assets. Explain the return on investment (ROI) as a financial metric used to assess the profitability and efficiency of an investment relative to its cost. Discuss the significance of ROI in evaluating investment performance, asset utilization, and its implications for capital allocation and strategic decision-making.

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