Zenith Co. reports the following data for the current fiscal year: ⚫ Profit margin ratio: 6% • ⚫ Asset turnover ratio: 1.8 times • • Net sales: $800,000 Target rate of return: 11% What is Zenith Co.'s Return on Investment (ROI)? A. 9.8% B. 10.8% C. 7.8% D. 12.5% E. 8.4%

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