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Ms. Scarlett, a family friend, is considering making an investment in a company and makes her decision to invest based on the firm's return on

Ms. Scarlett, a family friend, is considering making an investment in a company and makes her decision to invest based on the firm's return on investment. Her research has been able to find the following information for the companys last year of operations:

Sales: $2,100,000
Average operating assets: $1,750,000
Return on sales: 16.00%

What is the companys ROI?

Multiple Choice

  • 83.33%

  • 19.20%

  • 1.20%

  • 13.33%

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