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Assume a company reported the following results: Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) $300,000 ? $240,000 2 2

Assume a company reported the following results: Sales Net operating income Average operating assets Margin Turnover Return on investment (ROI) $300,000 ? $240,000 2 2 508 The margin is closest to: Multiple Choice 50%. 40% 45%

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