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Florida Inc. has revenues of $751,000 resulting in an operating income of $76,000. Average invested assets total $380,000; the cost of capital is 18%. Return
Florida Inc. has revenues of $751,000 resulting in an operating income of $76,000. Average invested assets total $380,000; the cost of capital is 18%. Return on investment is: Multiple Choice 20.00% $68,400 10.12% $45.900
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