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During the Past 12 Months,the Wombat Corporation Had a Net

Question 16

Multiple Choice

During the past 12 months,the Wombat Corporation had a net profit of $39 200.What is the return on investment if the amount of the investment is $280 000?


A) 10%
B) 12%
C) 14%
D) 16%

Correct Answer:

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