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Shandling Company Had Operating Income of $70,000, Sales of $218,750

Question 3

Multiple Choice

Shandling Company had operating income of $70,000, sales of $218,750, and turnover of 0.5. What is Shandling's ROI?

A) 32%
B) 50%
C) 16%
D) 64%
E) Cannot be determined from this information.

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