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During the last fiscal year, MAC Inc had revenues and expenses of $200,000 and $50,000 respectively. The company had net operating assets of $250,000. The
During the last fiscal year, MAC Inc had revenues and expenses of $200,000 and $50,000 respectively. The company had net operating assets of $250,000. The company's required rate of return for approval of projects is 20%. What was MAC Inc's return on investment (ROI) for the year?
a. 20%
b. 60%
c. 33.33%
d. 10%
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