The return on investment of the company Sundance plumbing which has owner’s equity of $ 615 , 400 , net sales of $ 324 , 100 , operating expenses are $ 99 , 200 , and cost of goods sold is $ 174 , 690 .

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Chapter 15.III, Problem 31RE

To determine

To calculate: The return on investment of the company Sundance plumbing which has owner’s equity of $615,400, net sales of $324,100, operating expenses are $99,200, and cost of goods sold is $174,690.

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