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BR Company Has a Contribution Margin of 9

Question 75

Multiple Choice

BR Company has a contribution margin of 9%. Sales are $477,000, net operating income is $42,930, and average operating assets are $134,000. What is the company's return on investment (ROI) ?


A) 3.6%
B) 9.0%
C) 32.0%
D) 0.3%

Correct Answer:

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