Kramer Candy Corporation desires a 11% return on investment (ROI) on all operations. The following...
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Accounting
Kramer Candy Corporation desires a 11% return on investment (ROI) on all operations. The following information was available for the company in 2014: Sales $30,000 Operating Income $ 5,600 Turnover 0.5 What is the corporation's ROI?
answer choices:
--Impossible to determine from the information given.
-18.67%
-12.67%
-9.33%
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