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The Sales in the Components Division Last Year Totaled £600,000

Question 29

Multiple Choice

The sales in the Components Division last year totaled £600,000, and its ROI was 15 per cent. If the company's operating margin was 5 per cent, then its average operating assets must have been


A) £4,000,000.
B) £200,000.
C) ££60,000.
D) It cannot be determined from the information given.

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