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Calculating Average Operating Assets, Margin, Turnover, and Return on Investment East Mulfett Manufacturing earned operating income last year as shown in the following income statement:

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Calculating Average Operating Assets, Margin, Turnover, and Return on Investment East Mulfett Manufacturing earned operating income last year as shown in the following income statement: At the beginning of the year, the value of operating assets was $390,000. At the end of the year, the value of operating assets was $460,000. Required

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