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 Company has a number of investment centers to evaluate

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 Company has a number of investment centers to evaluate. If its Investment Center #1 had sales of $1,500,000 and operating income of $600,000 and turnover (also known as “asset turnover”) of 0.48 then how much was its Return on Investment (ROI) rounded to the nearest percent?

Group of answer choices

19 percent

17 percent

20 percent

40 percent

48 percent