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Mint Dental manufactures oral health products that are distributed in dental offices. Mint reported the following results from last year operations. sales $12,000,000 variable expenses

Mint Dental manufactures oral health products that are distributed in dental offices. Mint reported the following results from last year operations.

sales $12,000,000

variable expenses $9,580,000

contribution margin $2,420,000

fixed expenses $1,460,000

Net operating income $950,000

average operating assets $5,000,000

last year turnover was closest to?

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