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Holo Company reported the following financial numbers for one of its divisions for the year; average total assets of $6,050,000; sales of $6,125,000; cost of
Holo Company reported the following financial numbers for one of its divisions for the year; average total assets of $6,050,000; sales of $6,125,000; cost of goods sold of $3,475,000; and operating expenses of $1,247,000. Compute the division's return on investment
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