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A Company Has Operating Income of $300,000, Revenues of $1,500,000

Question 125

Multiple Choice

A company has operating income of $300,000, revenues of $1,500,000, total assets of $2,000,000 and an ROI of 15%. To improve the ROI, to increase ROI to 20%, which of the following investment turnovers would need to be achieved?


A) .75
B) 1.5
C) 1
D) 2

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