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A Company Had the Following Results Last Year: Sales, $700,000;

Question 11

Multiple Choice

A company had the following results last year: sales, $700,000; return on investment, 28%; and margin, 8%. The average operating assets last year were:


A) $200,000
B) $2,450,000
C) $540,000
D) $2,500,000

Correct Answer:

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