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Exhibit 19-5 Ridgeline Corporation Has the Following Operating Data for the Year

Question 88

Multiple Choice

Exhibit 19-5 Ridgeline Corporation has the following operating data for the year:
Exhibit 19-5 Ridgeline Corporation has the following operating data for the year:    -Refer to Exhibit 19-5. Given the above data for Ridgeline Company, what is the ROI assuming the minimum rate of return on assets is 10%? A)  15% B)  24.4% C)  36.7% D)  55.9%
-Refer to Exhibit 19-5. Given the above data for Ridgeline Company, what is the ROI assuming the minimum rate of return on assets is 10%?


A) 15%
B) 24.4%
C) 36.7%
D) 55.9%

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