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29-04-2022
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Given beginning operating assets of $140,000, ending operating assets of $180,000, net operating income of $40,000, and tax expense of $8,000, return on investment is equal to

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baseballmeurin5 baseballmeurin5

05-05-2022

Answer:

25%

Explanation:

Net Operating Income÷Avg Invested Assets

AVG Invested assets=140,000+180,000÷2

40,000÷160000=25%

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