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ROI and Margin
Arbus Company provided the following information:
Turnover | 4.7 |
Operating assets | $136,000 |
Operating income | 6,860 |
Required:
1. What is ROI? (Round your answer to three decimals.) fill in the blank 1
2. What is margin? (Round your answer to two decimals.) fill in the blank 2
Answer & Explanation
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