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Calculate return on investment for Flip Flop Politics

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Reference no: EM132701460

Problem - Flip Flop Politics Inc. had gross margin of $550,000 and selling and administrative expense of $300,000 last year. Also, Flip Flop began last year with $1,400,000 of operating assets and ended the year with $1,100,000 of operating assets. Calculate return on investment for Flip Flop Politics.

Reference no: EM132701460

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