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Question 36(1 point) Last year, a company had shareholders' equity of $160,000, operating income of $16,000, and sales of $100,000. The turnover was 0.5. What
Question 36(1 point)
Last year, a company had shareholders' equity of $160,000, operating income of $16,000, and sales of $100,000. The turnover was 0.5. What was the return on investment (ROI)?
Question 36 options:
A)
8%.
B)
7%.
C)
9%.
D)
10%.
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