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What is margin that largo company needed to earn in order

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Reference no: EM132792435

Problem 1: 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%?

Option 1: 15.00%
Option 2: 2.00%
Option 3: 7.50%
Option 4: 9.99%

Reference no: EM132792435

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