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MC Qu. 38 Given the following data: Given the following data: Average operating assets $280,000 Total liabilities $33,600 Sales $160,000 Contribution margin $89,600 Net operating
MC Qu. 38 Given the following data:
Given the following data: |
Average operating assets | $280,000 |
Total liabilities | $33,600 |
Sales | $160,000 |
Contribution margin | $89,600 |
Net operating income | $33,600 |
Return on investment (ROI) would be: |
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