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In a recent electrical storm, the Frizzle Company lost a portion of its accounting records. The IT manager at Frizzle was able to retrieve the
In a recent electrical storm, the Frizzle Company lost a portion of its accounting records. The IT manager at Frizzle was able to retrieve the following information:
Sales $ 2.5M
Net Operating Income $ 1.5M
Return on Investment 0.25
What is the value of the total assets for the Frizzle Company?
options:
a | $375,000 |
b | $1,000,000 |
c | $625,000 |
d | $6,000,000 |
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