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Huang Company Reported the Following Information for the Current Year

Question 99

Multiple Choice

Huang Company reported the following information for the current year:  Sales $400,000 Average Operating Assets $250,000 Margin 10%\begin{array}{|l|lr|}\hline \text { Sales } & \$ & 400,000 \\\hline \text { Average Operating Assets } & \$ & 250,000 \\\hline \text { Margin } & & 10 \% \\\hline\end{array} The company's return on investment was:


A) 10%.
B) 6.25%.
C) 16%.
D) Cannot be ascertained from the information provided.

Correct Answer:

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