COST ACCOUNTING
RESPONSIBILITY ACCOUNTING
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Webster Company has sales revenue and operating expenses of $5, 000, 000 and $4, 200, 000, respectively, for the year just ended. If invested capital amounted to $6, 000, 000, the firm ROI was:
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13.33%
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70%
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83.33%
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120%
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Explanation:
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