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    Chabot Company Had the Following Results Last Year: Net Operating
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Chabot Company Had the Following Results Last Year: Net Operating

Question 97

Question 97

Multiple Choice

Chabot Company had the following results last year: net operating income, $2,160; turnover, 5; and ROI 18%. Chabot Company's average operating assets were:


A) $300,000
B) $60,000
C) $10,800
D) $12,000

Correct Answer:

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