Compute the company ROI

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Question - Wildhorse Corp. reported the following:

Beginning of year operating assets $3,220,000

End of year operating assets 3,020,000

Contribution margin 1,020,000

Sales 5,020,000

Controllable fixed costs 626,880

Its required return is 11%.

Required - Compute the company's ROI.

Reference no: EM133139906

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