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Sheffield Company recorded the following operating data: Sales $1248000 Contribution margin 459560 Total direct fixed costs 398000 Total operating assets Jan. 1, 2020 742000 Total

Sheffield Company recorded the following operating data:
Sales $1248000
Contribution margin 459560
Total direct fixed costs
398000
Total operating assets Jan. 1, 2020 742000
Total operating assets Dec. 31, 2020
797000
Sheffield Companys desired return 16%
What is Sheffield Companys ROI

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