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Given the following data: Average operating assets $280,000 Total liabilities $33,600 Sales $160,000 Contribution margin $89,600 Net operating income $33,600 Return on investment (ROI) would
| Given the following data: |
| Average operating assets | $280,000 |
| Total liabilities | $33,600 |
| Sales | $160,000 |
| Contribution margin | $89,600 |
| Net operating income | $33,600 |
| Return on investment (ROI) would be: |
12.0%
21.0%
32.0%
56.0%
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Financial Accounting
Authors: Libby, Short
6th Edition
978-0071284714, 9780077300333, 71284710, 77300335, 978-0073526881
