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QUESTION

Aide Industries is a division of a major corporation. Data concerning the most recent year appears below:

Aide Industries is a division of a major corporation. Data concerning the most recent year appears below:

  Sales$18,290,000    Net operating income$877,920    Average operating assets$4,510,000  

The division's return on investment (ROI) is closest to: (Round your answer to 2 decimal places.)

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