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Sales $ 8,000,000 Net operating income $ 800,000 Average operating assets $ 3,200,000 The entrepreneur who founded the company is convinced that

Sales $ 8,000,000
Net operating income $ 800,000
Average operating assets $ 3,200,000



The entrepreneur who founded the company is convinced that sales will increase next year by 150% and that net operating income will increase by 400%, with no increase in average operating assets. What would be the company’s ROI? (Do not round intermediate calculations).

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