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Largo Company Recorded for the Past Year Sales of $750,000

Question 135

Multiple Choice

Largo Company recorded for the past year sales of $750,000 and average operating assets of $375,000.What is the margin that Largo Company needed to earn in order to achieve an ROI of 15%?


A) 2.00%
B) 15.00%
C) 9.99%
D) 7.50%

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