Question: Given the following data: Average operating assets $280,000 Total liabilities $33,600 Sales $160,000 Contribution margin $89,600 Net operating income $33,600 Return on investment (ROI) would

Given the following data:

Average operating assets $280,000
Total liabilities $33,600
Sales $160,000
Contribution margin $89,600
Net operating income $33,600

Return on investment (ROI) would be:

12.0%

21.0%

32.0%

56.0%

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