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Carla's Cake Shop makes very popular Wedding Cakes. The company has an ROI of 17% and a residual income of $10,500. If operating income equals

Carla's Cake Shop makes very popular Wedding Cakes. The company has an ROI of 17% and a residual income of $10,500. If operating income equals $34,510, what is the amount of average invested assets?

Multiple Choice

$61,765
$586,670
$203,000
$178,500

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