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Assume a company had net operating income of $300,000, sales of $1,500,000 residual Income of $130,000, and a minimum required rate of return on average

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Assume a company had net operating income of $300,000, sales of $1,500,000 residual Income of $130,000, and a minimum required rate of return on average operating assets of 10,75%. The company's average operating assets are closest to: Multiple Choice $1,581,395 O $1.439 535 $1.200.000 $1.597675

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