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Blancher Corporation Had $495,000 Invested in Assets, Sales of $660,000

Question 21

Multiple Choice

Blancher Corporation had $495,000 invested in assets, sales of $660,000, income from operations amounting to $99,000, and a desired minimum rate of return of 15%. The rate of return on investment for Blancher is:


A) 16%.
B) 20%.
C) 18%.
D) 15%.

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