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For the Past Year,Largo Company Recorded Sales of $750,000 and Average

Question 71

Multiple Choice

For the past year,Largo Company recorded sales of $750,000 and average operating assets of $375,000.What margin did Largo Company need to earn to achieve an ROI of 15%?


A) 2.00%
B) 7.50%
C) 9.99%
D) 15.00%

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