Question
Given the following data: Average operating assets $ 3,024,000 Total liabilities $ 272,160 Sales $ 1,512,000 Contribution margin $ 907,200 Net operating income $ 408,240
Given the following data: Average operating assets $ 3,024,000 Total liabilities $ 272,160 Sales $ 1,512,000 Contribution margin $ 907,200 Net operating income $ 408,240 Return on investment (ROI) is:
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Accounting And Auditing Research Tools And Strategies
Authors: Thomas Weirich, Thomas C. Pearson, Alan Reinstein
6th Edition
032430224X, 9780324302240
