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With a resulting 754920 increase in net operating income

Question - The Chief Financial Officer of the company believes a more realistic scenario would be a $4 million increase in sales, requiring an $2,016,000 increase in average operating assets, with a resulting $754,920 increase in net operating income. What would be the company's ROI in this scenario?

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Accounting Basics: With a resulting 754920 increase in net operating income

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Accounting Basics: With a resulting 754920 increase in net operating income

Reference No:- TGS02601820

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