Question: TB MC Qu. 14-50 (Algo) Average operating assets are... Average operating assets are $115,000 and net operating income is $28,100. The company invests $30,000 in

TB MC Qu. 14-50 (Algo) Average operating assets are... Average operating assets are $115,000 and net operating income is $28,100. The company invests $30,000 in new assets for a project that will increase net operating income by $4,800. What is the return on investment (ROI) of the new project? Multiple Choice 24% 16% 22.0% 23%

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