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Determining the return on investment

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Reference no: EM13146997

Randall Company makes and distributes outdoor play equipment. Last year sales were $2,400,000, operating income was $600,000, and the assets used were $3,000,000.The return on investment (ROI) is:

a. 20%

b. 80%

c. 25%

d. 125%

Reference no: EM13146997

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