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Your Company reported the following: Year 1 Year 2 Year 3 Year 4 Margin 4% 6% 5% 8% Turnover ? ? ? ? Average operating

Your Company reported the following:

Year 1 Year 2 Year 3 Year 4
Margin 4% 6% 5% 8%
Turnover ? ? ? ?
Average operating assets ? ? ? ?
Net operating income $25,000 $25,000 $25,000 $25,000
Sales ? ? ? ?
ROI 20% 24% 15% 16%

What were average operating assets for Year 3?

Group of answer choices

a. $104,167

b. $156,250

c. $125,000

d. $166,667

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