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Howard Company reported the following information for 2014: Sales $ 970,000 Average Operating Assets $...

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Question

Accounting

Howard Company reported the following information for 2014:

Sales $ 970,000 Average Operating Assets $ 670,000 Margin 10% The company's return on investment for 2014 was:

ANSWER CHOICES:

-10.00%.

-14.48%.

-Cannot be ascertained from the information provided.

-13.44%.

Answer & Explanation Solved by verified expert
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