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Given the following data: Average operating assets $512,000 Total liabilities $46,080 Sales $384,000 Contribution margin $215,040 Net operating income $46,080 Return on investment (ROI) would
Given the following data:
Average operating assets $512,000
Total liabilities $46,080
Sales $384,000
Contribution margin $215,040
Net operating income $46,080
Return on investment (ROI) would be:
A. 12%
B. 9%
C. 56%
D. 42%
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