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Given the following data: Average operating assets $ 432,000 Total liabilities $ 54,000 Sales $ 216,000 Contribution margin $ 110,160 Net operating income $ 64,800
Given the following data: Average operating assets $ 432,000 Total liabilities $ 54,000 Sales $ 216,000 Contribution margin $ 110,160 Net operating income $ 64,800 Return on investment (ROI) is: Multiple Choice 25.5% 30.0% 15.0% 51.0%
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