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universal company reported the following financial data for the most recent fiscal year; sales $90000, operating expenses $70000, operating assets beginning of the year $90000,
universal company reported the following financial data for the most recent fiscal year; sales $90000, operating expenses $70000, operating assets beginning of the year $90000, operating assets end of the year $82000. The required minimum rate of return 10%. Calculate the return on investment (ROI) ratio
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Cornerstones of Financial and Managerial Accounting
Authors: Rich Jones, Mowen, Hansen, Heitger
1st Edition
9780538751292, 324787359, 538751290, 978-0324787351
