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    Managerial Accounting Study Set 6
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    Exam 10: Performance Evaluation
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    Raymond Corporation Has an ROI of 31%,total Assets of $6,300,000,and
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Raymond Corporation Has an ROI of 31%,total Assets of $6,300,000,and

Question 9

Question 9

Multiple Choice

Raymond Corporation has an ROI of 31%,total assets of $6,300,000,and current liabilities of $820,000.What is Raymond Corporation's operating income?


A) $25,200
B) $2,645,161
C) $20,322,581
D) $1,953,000

Correct Answer:

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