Huang Company reported the following information for the current year Sales $ 1,000,000 Average operating assets $ 700,000 Margin 8 The company 's return on investment was (Do not round intermediate calculations Round your final answer to 2 decimal places ) Multiple Choice 8 00 11 43 14 29 Cannot b...

Huang Company reported the following information for the current year: Sales $ 1,000,000 Average operating assets $

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Huang Company reported the following information for the current year:


Sales	$	1,000,000
Average operating assets	$	700,000
Margin		8	%

The company's return on investment was: (Do not round intermediate calculations. Round your final answer to 2 decimal places.)

Multiple Choice

8.00%.
11.43%.
14.29%.
Cannot be ascertained from the information provided.

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Accounting Principles

ISBN: 978-0470534793

10th Edition

Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso

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Posted Date: Sep 08, 2022 08:33 AM

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Huang Company reported the following information for the current year: Sales $ 1,000,000 Average operating assets $

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