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43) Selected data from Chering Division's Selected data from Chering Division's accounting records revealed the following: Sales $654,969 Average investment $275,166 Net operating income :5

43) Selected data from Chering Division's
Selected data from Chering Division's accounting records revealed the following: Sales $654,969 Average investment $275,166 Net operating income :5 55,560 Minimum rate of return (divisional cost of capital) 19% [ Chering Division's asset turnover (AT) is calculated to be

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