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Oriole Corporation's North Division generates operating income of $105000 on $905000 in sales. The company had $405000 in assets at the beginning of the year
Oriole Corporation's North Division generates operating income of $105000 on $905000 in sales. The company had $405000 in assets at the beginning of the year and $455000 at the end of the year. What is the company's return on investment for the year?
24.4%
100%
11.6%
42.6%
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