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Assume a company had net operating income of $300,000, sales of $1,500,000, average operating assets of $1,000,000, and residual income of $130,000. The company's minimum

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Assume a company had net operating income of $300,000, sales of $1,500,000, average operating assets of $1,000,000, and residual income of $130,000. The company's minimum required rate of return on average operating assets is closest to: Multiple Choice 15.0% O26.0% 17.0% 10%

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