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Reed Company's sales last year totaled $310,000 and its return on investment (ROI) was 12%. If the company's turnover was 4, then its net operating

Reed Company's sales last year totaled $310,000 and its return on investment (ROI) was 12%. If the company's turnover was 4, then its net operating income for the year must have been:

A. $9,300

B. $2,325

C. $37,200

D. it is impossible to determine from the data given

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