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Frazier Company's revenues are $300 on $240 invested capital into operating assests. Expenses are currently...

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Accounting

Frazier Company's revenues are $300 on $240 invested capital into operating assests. Expenses are currently 84% of sales. If Frazier Company can reduce its expenses to 70% of sales, return on investment will be ________.

A. 20%

B. 93.75%

C. 70%

D. 37.5%

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