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Exercise 15-12 A (Algo) Return on investment LO 15.6 An investment center of Vernon Corporation shows an operating income of $8,505 on total operating assets

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Exercise 15-12 A (Algo) Return on investment LO 15.6 An investment center of Vernon Corporation shows an operating income of $8,505 on total operating assets of $63,000 Required Compute the retum on investment. (Round your answer to 2 decimal places. (i.e., 0.2345 should be entered as 23.45 ).)

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