Essentials Of Investments
11th Edition
ISBN: 9781260013924
Author: Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher: Mcgraw-hill Education,
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Transcribed Image Text:Following data is given for XYZ company:
Sales
$114,000
Operating income
Total assets
$39,900
$71,250
Return on investment for XYZ company is:
a. 21.875%
b. 56%
с. 100%
d. 10%
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