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The following information pertains to Bala Co, for last month's operations: Sales $600,000 Net operating income......... 100,000 Average operating assets... 400,000 Which of the following
The following information pertains to Bala Co, for last month's operations: Sales $600,000 Net operating income......... 100,000 Average operating assets... 400,000 Which of the following equations should be used to compute Bala's return on investment? 0 A. (6/4) x (1/6) = ROI 0 B. (4/6) x (1/6) = ROI 0 C. (6/4) x (6/1) = ROI D. (4/6)
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