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Concord Corporation reported operating data for its Sandtrap division for the year. Concord requires its return to be 9%. Sales $1500000 Controllable margin 220000 Total

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Concord Corporation reported operating data for its Sandtrap division for the year. Concord requires its return to be 9%. Sales $1500000 Controllable margin 220000 Total average assets 1100000 Fixed costs 60000 How much is ROI for the year? 20% O 5% O 13% O 15%

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