The following information pertains to Mario Corporation for 2020: Revenues $950,000 Variable Costs 575,000 Fixed Costs 336,500
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Question:
The following information pertains to Mario Corporation for 2020:
Revenues $950,000
Variable Costs 575,000
Fixed Costs 336,500
Average invested capital 350,000
Imputed interest rate 10%
Calculate the return on investment (ROI)
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