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Tropic Corp. has sales revenue of $500,000 resulting in operating income of $54,000. Average invested assets total $600,000, and the cost of capital is 6%.

Tropic Corp. has sales revenue of $500,000 resulting in operating income of $54,000. Average invested assets total $600,000, and the cost of capital is 6%. Calculate the return on investment if sales increase by 10% and the profit margin and invested assets remain the same.

9.0%

9.9%

10.8%

6.0%

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