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What roi for the year ended december was

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The following information was available for the year ended December 31, 2019:

Sales $ 300,000

Net income 50,000

Average total assets 750,000

Average total stockholders' equity 500,000

Problem 1: ROI for the year ended December 31, 2019 was:

Multiple choice:

Option 1: 20.0%

Option 2: 16.7%

Option 3: 6.7%

Option 4: 10.0%

Reference no: EM132695186

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