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Question 3 The following data for Crowl Co. applies to questions 3 through 5: Sales Average Operating Assets Contribution Margin $10,000,000 $3,000,000 $5,000,000 Net

Question 3 The following data for Crowl Co. applies to questions 3 through 5: Sales Average Operating Assets Contribution Margin $10,000,000 $3,000,000 $5,000,000 Net Operating Income $390,000 Minimum required rate of return 11% The ROI for Crowl Co. is: a. 13% b. 12% c. 18% d. 9%

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