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Question 7 The following information is available for our company for the current year: operating income, $75,000; average total assets, $500,000; net sales, $750,000; and
Question 7 The following information is available for our company for the current year: operating income, $75,000; average total assets, $500,000; net sales, $750,000; and required rate of return, 12%. Calculate the return on investment (ROI) rounded to two decimal places. 6.67% 10.00% 15.00% O 16.67%
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