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Figure 22-3. Dempsey Company provided the following information for last year: Operating income $86,000 Sales $225,000 Beginning operating assets $390,000 Ending operating assets $420,000 Refer
Figure 22-3. Dempsey Company provided the following information for last year:
| Operating income | $86,000 |
| Sales | $225,000 |
| Beginning operating assets | $390,000 |
| Ending operating assets | $420,000 |
Refer to Figure 22-3. Dempsey's return on investment for last year was
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Financial Markets And Institutions
Authors: Frederic S. Mishkin, Stanley G. Eakins
9th Edition
0134519264, 9780134519265
