Given the following data: Average operating...
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Accounting
| Given the following data: |
| Average operating assets | $512,000 |
| Total liabilities | $46,080 |
| Sales | $384,000 |
| Contribution margin | $215,040 |
| Net operating income | $46,080 |
| Return on investment (ROI) would be: |
12.0%
9.0%
56.0%
42.0%
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