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Huang Company reported the following information for the current year: Sales Average operating assets Margin $830,000 $530,eee 11% 6 08 The company's return on investment

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Huang Company reported the following information for the current year: Sales Average operating assets Margin $830,000 $530,eee 11% 6 08 The company's return on investment was: (Do not round intermediate calculations. Round your final answer to 2 decimal places.) Chu Company provided the following information related to its inventory sales and purchases for December Year 1 and the first quarter of Year 2 Dec. Year 1 an. Year 2 Feb, Year 2 Mar, Year 2 (Actual) (Budgeted) (Budgeted) (Budgeted) $5e,800 Cost of goods sold $100,000 $70,000 $80,000 ed ending inventory levels are 35% of the following month's projected cost of goods sold. Budgeted purchases of inventory n ebruary Year would

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