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For the Most Recent Year,Robin Company Reports Operating Income of $650,000.Robin's

Question 207

Multiple Choice

For the most recent year,Robin Company reports operating income of $650,000.Robin's sales margin is 10%,and capital turnover is 2.0.
What is Robin's return on investment (ROI) ?


A) 5%
B) 1%
C) 100%
D) 20%

Correct Answer:

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