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  3. given the following data: average operati

Given the following data: Average operating...

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Accounting

Given the following data:

Average operating assets $512,000
Total liabilities $46,080
Sales $384,000
Contribution margin $215,040
Net operating income $46,080

Return on investment (ROI) would be:

12.0%

9.0%

56.0%

42.0%

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