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Management would like to calculate return on investment (ROI) for the current year. The following...

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Accounting

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Management would like to calculate return on investment (ROI) for the current year. The following information is available: Operating assets at the end of the year $6,600,000 Operating assets at the beginning of the year 5,400,000 1,150,000 Sales 550,000 Operating expenses What percentage amount is the RO1? 9% 10% 11% 19%

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