Multiple Choice
Largo Company recorded for the past year sales of $750,000 and average operating assets of $375,000. What is the margin that Largo Company needed to earn in order to achieve an return on investment (ROI) of 15%?
A) 2.00%
B) 15.00%
C) 9.99%
D) 7.50%
Correct Answer:
Verified
Correct Answer:
Verified
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