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Wyatt Inc. has income from operations of $60,000, invested assets of $350,000, and sales of $750,000. Use a formula to calculate the rate of
Wyatt Inc. has income from operations of $60,000, invested assets of $350,000, and sales of $750,000. Use a formula to calculate the rate of return on investment, and show your calculations for credit. Round all percentages to two decimal places (such as 23.45%) and the investment turnover to three decimal places (such as 1.234). Show your calculations to get any credit.
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