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Alde Industries is a division of a major corporation. Data concerning the most recent year...

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Accounting

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Alde Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales $18,010,000 Net operating $1,242,690 income Average operating $4,640,000 Jassets The division's return on investment (ROI) is closest to: (Round your answer to 2 decimal places.) Multiple Choice 22.93% 3.90% 26.78% 6.90%

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