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The Clydesdale Company has sales of $4,500,000. It also has invested assets of $2,000,000 and operating expenses of $3,600,000. The company has established a minimum rate of return of 7%. What is Clydesdale Company's rate of return on investment? a. 20% b. 45% c. 56% d. 25%
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The Clydesdale Company has sales of $4,500,000. It also has invested assets of $2,000,000 and operat...
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