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Bailey Company had average operating assets of $1,000,000 and sales of $500,000 in 2017. If...

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Question

Accounting

Bailey Company had average operating assets of $1,000,000 and sales of $500,000 in 2017. If the controllable margin was $400,000, the ROI was:

a.

20%
b.

35%
c.

40%
d.

50%

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