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    Accounting Principles
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    Exam 24: Budgetary Control and Responsibility Accounting
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    Las Sendas Inc
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Las Sendas Inc

Question 40

Question 40

Multiple Choice

Las Sendas Inc. had average operating assets of $4000000 and sales of $2000000 in 2016. If the controllable margin was $600000 the ROI was


A) 60%
B) 50%
C) 30%
D) 15%

Correct Answer:

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