Question: Given the following data: Average operating assets $2,200,000 Total liabilities $396,000 Sales $1,650,000 Contribution margin $990,000 Net operating income $396,000 Return on investment (ROI) would

Given the following data:

Average operating assets $2,200,000
Total liabilities $396,000
Sales $1,650,000
Contribution margin $990,000
Net operating income $396,000

Return on investment (ROI) would be:

24.0%

18.0%

60.0%

45.0%

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