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Sarasota Inc. is a small flower shop that is performing some analysis based on its...

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Accounting

Sarasota Inc. is a small flower shop that is performing some analysis based on its most recent year. The accountants have determined that the company's profit margin was 0.2894 and investment turnover was 0.2421. The company has purchased a new piece of equipment for $4870. Based upon this information, what was the company's return on investment (ROI)?
0.5315
0.0701
0.0473
0.8366
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