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In 2009 the Yankee Company Had Average Operating Assets of $200,000

Question 49

Short Answer

In 2009 the Yankee Company had average operating assets of $200,000. If the company reported a return on investment of 50% then net operating income for 2009 must have been: a. $100,000
B) $50,000
C) $400,000
D) $200,000

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