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Please solve and explain: Last year the Uptown Division of Gorcen Enterprises had sales of $650,400 and a net operating income of $50,135. The average
Please solve and explain:
Last year the Uptown Division of Gorcen Enterprises had sales of $650,400 and a net operating income of $50,135. The average operating assets at Uptown last year amounted to $271,000. Last year at Uptown the return on investment was: (Do not round intermediate calculations.) 06% o 10% o 18% 42%Step by Step Solution
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