Solved: What is this companys roi beginning of year operating, Accounting Basics

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What is this companys roi beginning of year operating

Perez Corp. reported the following:

Beginning of year operating assets $3,200,000

End of year operating assets 3,000,000

Contribution margin 1,000,000

Sales 5,000,000

Controllable fixed costs 643,000

Its required return is 10%.

What is this company's ROI?

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