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Calculate the rate of return on investment for blaser

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Reference no: EM132198301

Question - Blaser Corporation had $1,016,000 in invested assets, sales of $1,244,000, income from operations amounting to $234,000 and a desired minimum rate of return of 15%. Calculate the rate of return on investment for Blaser Corporation? Round the percentage to one decimal place.

a. 27.6%

b. 23.0%

c. 18.8%

d. 15.0%

Reference no: EM132198301

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