The headquarters of a national restaurant chain is trying to better understand the profitability of the Savannah
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The headquarters of a national restaurant chain is trying to better understand the profitability of the Savannah location. Savannah's total assets are $3,150,000, consisting of $900,000 land, $1,800,000 buildings and equipment, and $450,000 intangibles. The net profit is $237,500, and the required rate of return is 15.0%. What is theSavannah's return on investment (ROI). | |||||
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