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Joseph Company Has an Investment in Assets of $450,000,operating Income

Question 114

Multiple Choice

Joseph Company has an investment in assets of $450,000,operating income that is 10% of sales,and an ROI of 18%.From this information the amount of operating income would be:


A) $81,000.
B) $45,000.
C) $2,500,000.
D) Impossible to determine from the information given.

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