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Find what was the company operating income for the year

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Reference no: EM132608264

Problem 1: Reed Company reported total sales of $150,000 last year and a return on investment (ROI) of 12%. If the company's turnover was 3, what was the company's operating income for the year?

A) $2,000.

B) $6,000.

C) $18,000.

D) It is impossible to determine from the data given.

Reference no: EM132608264

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