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    Powell Enterprises Has Operating Income of $72,000
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Powell Enterprises Has Operating Income of $72,000

Question 38

Question 38

Multiple Choice

Powell Enterprises has operating income of $72,000. Its return on investment (ROI) is 36%, while its target rate of return is 10%. The total assets of Powell Enterprises would be closest to


A) $7,200.
B) $25,920.
C) $200,000.
D) $720,000.

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