Question 3: Wild River Rafting Company sells outdoor gear. For 2020, Wild River prepares a...
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Question 3: Wild River Rafting Company sells outdoor gear. For 2020, Wild River prepares a forecast that includes the following: 2020 Projected Sales $1,000,000 2020 Projected Net Operating Income $40,000 2020 Projected Average Operating Assets $400,000 Wild River believes that the company can reduce projected operating expenses by $10,000 with some scheduling changes. If Wild River was able to decrease their operating expenses by $10,000, what would be Wild Rivers return on Investment?
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