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Jelks Company had operating income of $12,000, beginning operating assets of $128,000, ending operating assets of $132,000, and sales of $79,000. What is Jelks' return

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Jelks Company had operating income of $12,000, beginning operating assets of $128,000, ending operating assets of $132,000, and sales of $79,000. What is Jelks' return on investment (ROI)? (Note: Round answer to two decimal places.) 13.85% 15.80% 9.23% 20.60%

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