Multiple Choice
BR Company has a contribution margin of 40%. Sales are $312,500, net operating income is $25,000, and average operating assets are $200,000. What is the company's return on investment (ROI) ?
A) 12.5%
B) 62.5%
C) 8.0%
D) 64.0%
Correct Answer:
Verified
Correct Answer:
Verified
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