Acc505 Managerial Accounting: A company had the following results last year

Acc505 Managerial Accounting
Week 6

A company had the following results last year: sales, $700,000; return on investment, 28%; and margin, 8%.

The average operating assets last year were:
A) $2,450,000.
B) $200,000.
C) $2,500,000.
D) $540,000.
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