Question: Given the following data: Average operating assets $ 1,152,000 Total liabilities $ 65,280 Sales $ 384,000 Contribution margin $ 230,400 Net operating income $ 103,680

Given the following data:

Average operating assets $ 1,152,000
Total liabilities $ 65,280
Sales $ 384,000
Contribution margin $ 230,400
Net operating income $ 103,680

Return on investment (ROI) is:

Multiple Choice

27.0%

60.0%

20.0%

9.0%

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