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Given the following data: Average operating assets $1,036,000 ...

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Accounting

Given the following data:

Average operating assets $1,036,000
Total liabilities $77,700
Sales $518,000
Contribution margin $269,360
Net operating income $150,220

Return on investment (ROI) would be:

29.0%

14.5%

52.0%

26.0%

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