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The contribution format income statement for Huerra Company for last year is given below: The company had average operating assets of $492,000 during the year.

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The contribution format income statement for Huerra Company for last year is given below: The company had average operating assets of $492,000 during the year. Compute the company's return on investment (ROI) for the period using the ROI formula stated in terms of margin and turnover. (Round your intermediate calculations and final answer to 2 decimal places.)

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