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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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