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10)10) Bianca Publishing has a number of investment centers to track on a day-to-day basis....

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Accounting

10)10) Bianca Publishing has a number of investment centers to track on a day-to-day basis. The following represent key figures related to one of Bianca's investment centers for February 2014:

Operating Income $9,800,000

Sales $15,780,000

Asset Turnover 38%

What is the investment center's ROI for February 2014 (rounded percentage answer to two decimal place)?

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