Agustin Industries is a division of a major corporation. Data concerning the most recent year appears below: Sales$17,000,000Net operating income$1,581,000Average operating assets$5,000,000?The division's return on investment (ROI) is closest to:
A. 3.0%
B. 24.0%
C. 31.62%
D. 9.3%
Answer: C
Business
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