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What roi must have been

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Reference no: EM132572067

Question 1: The Greenberg Company reported average operating assets of $400,000 and sales of $1,200,000 in 2013. If the company's margin is 12%, their ROI must have been:

a. 24%
b. 36%
C. 33.3%
d. 40%

Reference no: EM132572067

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