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Given the following data: Average operating assets $840,000 Total liabilities $114,240 Sales $672,000 Contribution margin $369,600 Net operating income $201,600 Return on investment (ROI) would
| Given the following data: |
| Average operating assets | $840,000 |
| Total liabilities | $114,240 |
| Sales | $672,000 |
| Contribution margin | $369,600 |
| Net operating income | $201,600 |
| Return on investment (ROI) would be: |
44.0%
55.0%
30.0%
24.0%
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Principles Of Financial Accounting
Authors: Jerry J. Weygandt, Michael J. Atkins, Donald E. Kieso, Paul D. Kimmel, Valerie Ann Kinnear, Barbara Trenholm, Joan E. Barlow
1st Canadian Edition
