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Posted on Aug 10, 2024

Given the following data:Average operating assets$ 7 2 0 , 0 0 0 Total liabilities$ 5 1 , 8 4 0 Sales$ 4 3 2

Given the following data:Average operating assets$

720, 000

Total liabilities$

51, 840

Sales$

432, 000

Contribution margin$

250, 560

Net operating income$

108, 000

Return on investment

(

ROI

)

is:

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