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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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