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Given the following data: Average operating assets $504,000 Total liabilities $23,520 Sales $168,000 Contribution margin $85,680 Net operating income $45,360 Return on investment (ROI) would
Given the following data:
Average operating assets $504,000
Total liabilities $23,520
Sales $168,000
Contribution margin $85,680
Net operating income $45,360
Return on investment (ROI) would be:
27.0%
9.0%
51.0%
17.0%
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