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Problem - The Ohio Service Company, a division of a bank holding company, provides various services to financial institutions in Columbus. Ohio. Financial information concerning the most recent year appears below:
Sales
$10,000,00
Net operating Income
$3,000,000
Average operating assets
$25,000,000
Ignore the impact of income taxes in your calculation.
Required - Compute the return on investment (ROI) for Ohio Service Company.
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