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Venkman, Inc.'s financial information for the most recent month is given below: TOTAL OUTLET A OUTLET B Sales $1,200,000 $400,000 $800,000 Variable Expenses $768,000 $288,000
Venkman, Inc.'s financial information for the most recent month is given below:
TOTAL | OUTLET A | OUTLET B | |
Sales | $1,200,000 | $400,000 | $800,000 |
Variable Expenses | $768,000 | $288,000 | $480,000 |
Traceable Fixed Expenses | $304,000 | $84,000 | $220,000 |
Common Fixed Expenses | $98,000 |
Assuming that Venkman's has dedicated $150,000 of operating assets for the entire year to their operation (both outlet stores), what is the Return On Investment that they are currently earning?
(Enter as a whole number. Include a negative sign where appropriate. No $, %, or commas)
Example ROI of 80% is entered as .80
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