Return on Investment
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Given the following data:
Sales $50,000
Net operating income $5,000
Contribution margin $20,000
Average operating assets $25,000
Stockholders' equity
$15,000
Return on investment (ROI) would be:
Question 3 answers
a. 10%
b. 20%
c. 16.7%
d. 80%
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Solution Summary
The solution computes return on investment with given data.
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