Planet company had operating income of 12000 average
Question - Planet Company had operating income of $12,000, average operating assets of $125,000, and sales of $45,000. What is Planet's return on investment (ROI)? (Note: Round answer to two decimal places.)
a.20.60%
b.25.50%
c.4.50%
d.9.60%
e.5.80%
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