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Largo Company recorded for the past year sales of $414,400 and average operating assets of $259,000. What is the margin that Largo Company needed to

Largo Company recorded for the past year sales of $414,400 and average operating assets of $259,000. What is the margin that Largo Company needed to earn in order to achieve an ROI of 28.8%?

Multiple Choice

18.00%
1.60%
28.80%
3.47%

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