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Last year a company had stockholders' equity of $160,000, net operating income of $16,000, and sales of $100,000. The turnover was 0.5. The return on

Last year a company had stockholders' equity of $160,000, net operating income of $16,000, and sales of $100,000. The turnover was 0.5. The return on investment (ROI) was: A. 10%

B. 9%

C.8%

D. 7%

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