For the most recent year, Romero Company reported average operating assets of $200,000 and sales...
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Accounting
For the most recent year, Romero Company reported average operating assets of $200,000 and sales of $500,000.
Calculate the margin Romero Company needed to earn in the most recent year in order to achieve a return on investment of 15%. Enter your answer as a number followed by the % without a space in between (i.e., 10%).
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