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Given the data below for Happy Holidays Inc., what are the average operating assets? Sales $320,000 Operating income $88,000 Average operating liabilities $124,000 Return on

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Given the data below for Happy Holidays Inc., what are the average operating assets? Sales $320,000 Operating income $88,000 Average operating liabilities $124,000 Return on investment 20% $440,000 $124,000 $232,000 $17,600

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