Largo Company recorded for the past year sales of $750,000 and average operating assets of $375,000. What is the margin that Largo Company needed to earn in order to achieve an ROI of 15%?
A. 7.50%
B. 15.00%
C. 9.99%
D. 2.00%
Answer: A
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a. True b. False Indicate whether the statement is true or false
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