The following data are for the Akron Division of Consolidated Rubber, Inc.: Sales$750,000Net operating income$45,000Average operating assets$250,000Stockholders' equity$75,000Residual income$15,000?For the past year, the margin used in ROI calculations was:
A. 8.67%
B. 10.00%
C. 6.00%
D. 8.00%
Answer: C
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